Bitcoin Volatility Drops to 20-Month Low as Spot ETF Inflows Near $50BInstitutional Demand Surges Amid Quiet On-Chain Activity

Bitcoin is kicking off the second half of 2025 with historically low volatility and sluggish on-chain activity, even as institutional interest skyrockets. U.S. spot Bitcoin ETFs are approaching $50 billion in cumulative net inflows, signaling robust Wall Street appetite for the cryptocurrency.Volatility and Transactions Hit Multi-Year Lows

Bitcoin’s “at-the-money” implied volatility—a gauge of expected price swings across seven days to six months—has fallen to its lowest since October 2023, when BTC traded at roughly a third of its current value. On-chain activity mirrors this lull, with June transactions dropping 15% from May, marking the lowest level since October 2023. Miners are now processing unusually low-fee transactions from the mempool due to the slowdown.ETFs and Public Firms Drive Institutional Boom

Despite the on-chain slowdown, U.S. spot Bitcoin ETFs saw over $1 billion in net inflows in just two days last week, pushing their total to nearly $50 billion. These funds now hold a record $137.6 billion in BTC, per SoSoValue. Publicly traded companies also added ~65,000 BTC ($7 billion) in June, per BitcoinTreasuries. Glassnode notes a shift toward institutional investors and whales, with high-value transactions gaining prominence.Futures Volume Dips, but Institutional Trend Stays Strong

Bitcoin futures volume has declined, reinforcing the summer slowdown. However, institutional demand appears to be decoupling from retail activity, suggesting a structural shift in the market.Kiyosaki Rejects Crash Fears, Eyes Bitcoin and Silver

As BTC struggles to break the $109,500 resistance level, some traders predict a drop to $90,000. Rich Dad Poor Dad author Robert Kiyosaki dismissed these warnings on X, calling them “clickbait” meant to scare off weak hands. He wrote:

“CLICK BAIT Losers keep warning of a Bitcoin crash. They want to frighten off speculators. I hope Bitcoin crashes. I will only buy more. Take care!