Cryptocurrency ETFs continue to show a steady inflow of investments, marking 15 consecutive days of inflows. During this period, nearly $5 billion was invested.
Record Inflows in Crypto ETFs
According to ETF Store President Nate Geraci, "15 straight days of inflows into crypto ETFs..." with nearly $5 billion entering during this period. These figures highlight the growing interest of investors towards cryptocurrency ETFs.
BlackRock Maintains Market Dominance
Data from Farside Investors indicates that U.S. crypto ETFs recorded $102.1 million in net inflows yesterday. BlackRock’s IBIT, which leads in total inflows since its launch in January 2024, garnered $112.3 million, pushing its total net inflows to $52.421 billion.
Bitcoin Sets New Records
Thanks to the robust ETF inflows, Bitcoin closed June at a record position. Analyst Rekt Capital noted, "Bitcoin has fully confirmed a breakout from its Monthly Range." He added that if 'buy-side' volume increases, it should support further growth.
The latest data on inflows into crypto ETFs, along with Bitcoin's record close in June, affirms continued investor interest in this asset class. This is likely to lead to further price increases in the near term.
