Spot Bitcoin ETFs Smash Inflows, Fueling Crypto Market Frenzy

Billions Pour into U.S.-Listed Funds as Bitcoin Rebounds

The crypto world is buzzing as U.S.-listed spot Bitcoin ETFs keep raking in billions, riding the wave of a soaring market sentiment. These funds are not just holding steady; they're charging forward like a bull in a china shop.

Hold onto your hats, folks! According to the latest scoop from SoSoValue, the 12 spot Bitcoin ETFs pulled in a whopping $2.22 billion in net inflows from June 23 to 27. That's their best weekly performance since May 23, and they've been on a non-stop inflow streak since January 2025. Talk about unstoppable!

BlackRock’s IBIT is leading the pack, gobbling up $1.3 billion and leaving the competition in the dust. Not far behind, Fidelity’s FBTC snagged about $504 million. These giants are on fire!

Other players like Bitwise’s BITB, VanEck’s HODL, and Ark’s ARKB are still in the game, but their numbers are more modest. Meanwhile, Grayscale’s GBTC is swimming against the current with outflows of about $5.7 million. Tough luck, Grayscale!

As Bitcoin (BTC) holds its ground, trading near $108,200, it's been on a tear with a 7% gain over the past week. The king of crypto bounced back hard after a nasty dip earlier this month that saw it briefly tank below key support levels amidst some wild economic swings.

This comeback is not just lifting spirits; it's boosting confidence across the entire market. The buzz is that Bitcoin might just keep this momentum going and take another shot at those previous highs. The future's looking bright!

And guess what? It's not just retail investors jumping on the bandwagon. Institutional accumulation among ETF issuers is cranking up, too. During this latest spree, they snapped up an estimated 21,030 BTC. BlackRock's been on a buying binge, snagging $1.15 billion worth of Bitcoin and pushing its total holdings to a record-smashing $77.7 billion. These guys are not messing around!

Together, the U.S. spot Bitcoin ETFs are now sitting on a staggering $133.17 billion in net assets, making up about 6.25% of Bitcoin's total market cap. That's some serious skin in the game!

And let's not forget the Ethereum crowd. U.S.-listed spot Ether ETFs are also making moves, raking in about $283 million in net inflows over the same period. That's seven straight weeks of gains for these funds. The crypto party is just getting started!