Spot Bitcoin ETFs attract $363M in daily inflows, extending 12-day streak to $6.6B

Spot Bitcoin ETFs continued their strong momentum with $363 million in net inflows recorded on Friday. This marks the 12th consecutive trading day of positive net inflows, bringing the total inflows during this period to a staggering $6.6 billion.

BlackRock’s iShares Bitcoin Trust (IBIT) led the inflows with $496.75 million, further cementing its position as the largest spot Bitcoin ETF globally. IBIT now manages $86.5 billion in assets under management (AUM), reflecting growing institutional interest in Bitcoin exposure via regulated financial products.

The continued inflows underscore investor confidence in the crypto market, particularly Bitcoin, amid growing speculation around potential interest rate cuts and increasing chances of Ethereum spot ETF approvals. Analysts view the sustained demand as a bullish indicator for the broader market in the second half of the year.