ETFs recorded $412 million in inflows on June 16, extending a six-day streak and bringing total inflows to $1.8 billion since June 9. Despite geopolitical tensions between Israel and Iran, institutional investors remain confident in Bitcoin, with total ETF assets reaching $132.5 billion.

BlackRock's IBIT led the inflows with $266.6 million, followed by Fidelity's FBTC with $82.96 million. Analysts believe that the stable inflows reflect confidence in $BTC as a long-term investment. Despite a 7% drop in price caused by the Israeli attack on Iran, analysts suggest that the market may be poised for recovery if Bitcoin stays within the $102,000 to $103,000 range.

Meanwhile, Spark $SPK is a DeFi lending platform that is now live on BingX and Binance, focusing on the stablecoin DAI, offering Savings, SparkLend, and the Spark Liquidity Layer. It manages billions in DeFi, CeFi, and real-world assets, backed by over $6.5 billion in reserves. Spark offers stable lending rates, making costs more predictable and addressing issues of fragmented markets and idle capital in DeFi.

Traders should keep an eye on this token on the exchange for notable price movements.