The interest in U.S.-based spot Bitcoin ETFs continues, with significant capital inflows leading to new market records.
Capital Inflows into Bitcoin ETFs
Spot Bitcoin ETFs recorded net inflows for 15 consecutive days, reaching a total of $4.7 billion. BlackRock's IBIT fund raised $3.8 billion, accounting for 81% of the total inflows during this period. On the last trading day of June, the net inflow was $112.3 million.
Current Status of Ethereum ETFs
Spot Ethereum ETFs also saw net inflows of $31.8 million, with a significant portion flowing into Fidelity's FETH fund. Since their launch in July 2024, Ethereum ETFs have attracted $4.2 billion.
Market Analysis and Forecasts
Despite ongoing interest from institutional investors, there is a noticeable slowdown in capital inflows. The net inflow of $102.1 million on Monday was significantly lower than Friday's $501.2 million. Analysts report that while the rapid dynamic may weaken, medium-term outlooks remain optimistic. BRN Chief Analyst Valentin Fournier stated: "This weakens the possibility of Bitcoin breaking above $112,000 anytime soon, but the medium-term outlook remains positive."
While interest in Bitcoin ETFs continues to be high, there are challenges. Ongoing capital inflows show confidence among institutional investors, but growth is slowing.
