#Stripe稳定币账户 Bitcoin spot ETF single-day net inflow of 142 million USD, with ARKB (54.7263 million USD) and Fidelity FBTC (39.9190 million USD) leading. The total net asset value of Bitcoin spot ETFs reached 112.712 billion USD, accounting for 5.86% of the total BTC market value, with a historical cumulative net inflow exceeding 40.719 billion USD. The continuous influx of institutional funds has become an important support for the price breakthrough.

Federal Reserve Policy and Macroeconomic Environment

The Federal Reserve maintains the federal funds rate at 4.25%-4.5%, and the market's expectation probability for a rate cut in July has dropped to 57%. Although the decision is somewhat hawkish, it has been largely digested in advance, and investors are more concerned about geopolitical risks and economic data. Expectations of loose policies and inflation uncertainty are driving funds towards risk assets.

Geopolitical Risk Aversion Demand

The escalation of the India-Pakistan border conflict (Pakistan claims to have shot down 5 Indian warplanes) has raised the demand for gold (2500 USD/ounce) and Bitcoin as safe havens. Some investors view BTC as 'digital gold', but the rise is more driven by short squeezes and speculative funds.