Bitcoin ETFs Have Experienced a $7.78B Inflow Run Since July 9th

Bitcoin, despite experiencing a minor pullback, continues to attract strong institutional interest, as evidenced by the consistent inflows into Bitcoin ETFs. Market intelligence platform, Santiment, and blockchain data analytics firm, Glassnode, both noted significant capital movement into Bitcoin ETFs, with a combined net inflow of $7.78 billion recorded since June 9.

BlackRock’s IBIT was the top performer, capturing $416.35 million in net inflows. This aligns with on-chain whale accumulation, indicating a growing institutional appetite for Bitcoin. Experts predict that if global institutional inflows alone enter the market, Bitcoin's value could increase by another 70% to approach $200,000. With more institutional products launching and entities accumulating BTC for treasuries, Bitcoin's upward trajectory is expected to continue.