BTCETFOutflows

The latest Bitcoin Spot ETF inflow data continues to reflect solid institutional appetite, particularly from the largest players like BlackRock’s IBIT and Fidelity’s FBTC. On June 24, net inflows across all major funds reached over 588 million dollars, with IBIT alone contributing more than 436 million, followed by substantial additions from FBTC and ARKB. This pattern of consistent capital injection has been visible for several consecutive sessions, despite isolated outflows from funds like GBTC, suggesting that short-term profit-taking from legacy holders does not undermine the broader structural demand.
The daily figures, especially those above 300 million dollars, provide a tangible backdrop to Bitcoin’s resilience above 106,000 dollars, reinforcing the notion that institutional positioning rather than retail sentiment drives the current market structure. While temporary ETF outflows can trigger local retracements, the dominant flows into IBIT and related funds illustrate an ongoing reallocation towards spot Bitcoin exposure, consolidating the asset’s legitimacy within mainstream portfolios. As long as this trend persists, BTC price action remains fundamentally supported, even in the face of macroeconomic or geopolitical fluctuations.
#BTCETFInflow #BTCETFOutflows $BTC

After six straight weeks of inflows, Bitcoin ETFs from #BlackRock , Fidelity, and others saw their second-largest weekly outflow of $651.8M, while BTC’s price remained stable. 👀

For context:

🔹 In January, ETF inflows hit $2B, pushing $BTC to a new ATH of $109K 📈
🔹 The largest outflow ever was in Sept 2024—over $700M, causing BTC to drop 10% 📉

Despite the pullback, spot ETFs continue to give traditional investors access to BTC, fueling demand in 2024. Is this just a cool-off before the next leg up? 🤔🔥

#BTCETFOutflows #BTCETFS