📌 Bitcoin ETFs have recorded strong inflows of $3 billion amid investor confidence.
– Spot bitcoin ETFs in the United States have performed impressively in recent weeks, gaining nearly $3 billion in net inflows from June 23 to June 30.
The renewed interest indicates a strong recovery from the lull in early June and points to growing investor confidence amid global volatility.
BlackRock’s IBIT, Fidelity’s FBTC and Ark’s ARKB led the way, with only ARKB seeing unusually large inflows, indicating new institutional interest.
The bitcoin price seemed to support this trend, holding steady above $107,000 for the week, creating a sense of stability that likely contributed to the influx of funds.
At the same time, there were only modest outflows from the old GBTC fund, hinting that the ETF migration wave is abating. Analysts believe this change reflects the maturity of the ETF market, where new investments are taking the lead, rather than simply moving capital between products.