🚀 Bitcoin $BTC ETFs Soar: $408M Inflows Fuel Bull Run!💰
While ETH Faces Minor Hurdles
🔥 Big Money Loves $BTC !
Bitcoin ETFs saw massive $408M daily inflows (July 2), pushing total inflows near $49B! Fidelity’s FBTC led the charge ($184M), followed by ARK 21Shares ($83M) and Bitwise ($65M). BlackRock’s IBIT held strong with $76.3B in assets despite a quiet day.
📈 BTC Price Momentum
This institutional wave helped Bitcoin hit $109K (weekly high!), eyeing a breakout toward $112K. Total ETF assets now stand at $136.7B — 6.3% of Bitcoin’s market cap!
🏢 Corporate Adoption BOOM!
Design giant Figma revealed $70M in Bitcoin ETF holdings + $30M ready to invest, proving big players trust regulated crypto exposure.
⚖️ Regulatory Wins:
The SEC’s new guidance speeds up crypto ETF approvals (75-day reviews)! Europe’s expanding too, with UniCredit launching Bitcoin certificates.
Ethereum’s Pause ⏸️
$ETH ETFs saw small $1.8M outflows after a strong June. This might be profit-taking — ETH staking just hit an all-time high (34.65M ETH locked). Targets near $3,300 remain likely after consolidation!
💡 Why It Matters:
Institutions are ALL IN on Bitcoin ETFs, fueling market confidence. ETH’s dip looks temporary as regulations evolve and staking grows. The future is bright! 🌟