Key Takeaways
- U.S. spot bitcoin ETFs surpassed $50 billion in cumulative net inflows.
- Institutional investors are driving steady, long-term capital allocation to bitcoin.
- Bitcoin reached a new all-time high of $112,152 amid continued ETF demand.
U.S. spot bitcoin exchange-traded funds (ETFs) have reached a new milestone, surpassing $50 billion in cumulative net inflows as of Wednesday.
Record setting day
This record was achieved following a daily net inflow of $218 million across the twelve listed funds, according to recent data.
Seven of the twelve spot bitcoin ETFs reported positive inflows, with BlackRock’s IBIT leading at $125.5 million, followed by Ark & 21Shares’ ARKB with $56.96 million and Grayscale’s Mini Bitcoin Trust at $15.8 million.
Additional inflows were reported by funds managed by Fidelity, Bitwise, Valkyrie, and Invesco.
Consistent growth
The consistent growth in ETF inflows throughout April, May, and June underscores a robust pipeline of capital entering the bitcoin market through regulated products.
For a detailed look at U.S. bitcoin ETF holdings and inflows, see the ETF inflows and outflows tracker.
Institutional participation
Rachael Lucas, a crypto analyst at BTC Markets, described the milestone as a turning point for institutional participation:
“Spot bitcoin ETFs pushing past $50 billion in cumulative net inflows marks a defining moment in bitcoin’s institutionalization. What we’re seeing is not a retail-driven frenzy, but a steady pipeline of capital from asset managers, corporate treasuries, and wealth platforms finally stepping into the market. Weeks of consistent inflows confirm that.”
Lucas also noted that bitcoin is increasingly seen as a long-term macro asset, benefiting from global liquidity, a fixed supply, and the accessibility provided by ETFs.
On the same day, bitcoin set a new all-time high of $112,152, and was recently trading near $110,990, up 2% over the past 24 hours.
