On July 9, Bitcoin ETFs saw a record inflow of $1.18 billion. On the same day, Ethereum ETFs also showed significant growth.
Inflows into Bitcoin ETFs
According to SoSoValue data, the inflow into Bitcoin ETFs was $1.18 billion, a sharp increase from $218 million the previous day. This figure is the second-largest daily total in history, trailing only the record from November 2024.
Price Data and Growth of Ethereum
On the same day, Ethereum ETFs attracted $383 million, which is also a significant figure. Bitcoin prices reached a record $118,400, currently trading around $117,900. Analysts attribute this surge to growing institutional interest.
Market Prospects and Impact
Experts note that inflows into Bitcoin and Ethereum ETFs reflect a shift from retail speculation to stable institutional capital. This trend is driving prices higher and increasing liquidity in the cryptocurrency market.
With high inflow levels sustained, both Bitcoin and Ethereum may continue to rise in price, signaling important trends for investors in the cryptocurrency market.
