According to Cointelegraph, the U.S. spot Bitcoin ETF recorded its largest single-day inflow since June on Tuesday, reaching $588.6 million, marking the longest streak of net inflows since December 2024 at 11 consecutive days. According to Farside Investors, the inflow was primarily driven by BlackRock's iShares Bitcoin Trust (IBIT), which attracted $436.3 million on Tuesday. Fidelity's FBTC followed closely with an additional $217.6 million, while Bitwise and VanEck contributed smaller amounts. In contrast, Grayscale's GBTC continued to see outflows, decreasing by $85.2 million. Since June 10, Bitcoin ETFs have seen over $2.2 billion in inflows over 11 days, indicating increased institutional interest in this asset class. The cryptocurrency market, including Bitcoin, received a significant boost after the ceasefire between Israel and Iran. U.S. President Trump announced a 'full ceasefire' on Tuesday, which relieved the market. Bitcoin rose from a recent six-week low of $98,000 to a daily high of $106,800. Vincent Liu, Chief Investment Officer of Kronos Research, stated that the continued inflow into spot Bitcoin ETFs highlights BTC's strengthened position as digital gold. Ethereum (ETH) ETFs showed mixed performance, with VanEck's EFUT seeing inflows of $98 million on Tuesday, while Grayscale's ETHE experienced outflows of $26.7 million. NoOnes CEO Ray Youssef referred to Bitcoin's recent rebound as a 'relief rally,' noting that the market 'let out a sigh of relief' after a tense period. Despite the ceasefire between Israel and Iran, traders remained cautious during the macroeconomic week. Key events such as Federal Reserve Chairman Powell's congressional testimony and the PCE inflation report are expected to influence short-term trends. Before clearer signals emerge, Bitcoin may consolidate between $100,000 and $106,000, with resistance at $106,200; if the $100,000 support fails, it could drop to $93,000.

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