đ GIGA BULLISH: BlackRock Fuels $412M Bitcoin ETF Inflows Despite Israel-Iran Tensions!!!
Even with geopolitical risk surging, institutional appetite for Bitcoin ETFs is growing stronger. Here's what you need to know:
Key Numbers (June 17):
- $412.2M net inflows into U.S. Bitcoin spot ETFs
- $1.8B total ETF inflows over the past 6 days
- $132.5B in total BTC ETF assets under management (AUM)
- 6.13% of Bitcoinâs circulating supply now tied to ETFs
- $3.12B ETF trading volume on Monday alone
BlackRock Leads the Pack. IBIT (iShares Bitcoin Trust):
- $266.6M inflow on Monday
-$50.03B total AUM
Fidelity (FBTC):
- $82.96M inflow
Grayscale (GBTC):
- Only $12.84M inflow
- Still - $23.23B in net outflows since launch
Geopolitical Conflict? Institutions Donât Flinch Even as missiles fly between Israel and Iran, institutions are holding - and buying: âSteady Bitcoin ETF inflows reflect growing trust in BTCâs resilience, accessibility, and role as a hedge in a shifting macro environment.â - Vincent Liu, Kronos Research
Bitcoin Price Action: BTC dipped 7% following Friday's Israeli strike on Iran. Capitulation signs emerged - low net taker volume and liquidations $BTC is still holding the $102Kâ$103K range - a key support zone. If support holds, analysts say the recent dip could mark a local bottom - setting the stage for recovery. ETF inflows suggest institutional conviction is high, even as global risk increases.
Follow @Professor Mende - Bonuz Ecosystem Founder for more updates! #IsraelIranConflict #Israel #Iran #BitcoinETF #BitcoinPrice