US-Based Spot Bitcoin ETFs Record Net Inflows for 12th Consecutive Trading Day! What Does This Mean? Here Are the Details

US-based spot Bitcoin ETFs recorded net inflows for the 12th consecutive trading day, bringing the total capital gain to $3.9 billion. On June 25 alone, $547.7 million inflows were made.

Bitcoin ETFs 12-Day Net Inflow Series: Total Inflows Near $4 Billion, BTC Strengthens on Dollar Weakness

BlackRock’s IBIT fund was the day’s top ETF with net inflows of $340.3 million. Fidelity’s FBTC fund followed with $115.2 million. Ark Invest and 21Shares’ ARKB, Bitwise’s BITB and VanEck’s HODL funds took in $70.2 million, $12.9 million and $9.1 million, respectively. Other ETFs closed with zero net inflows.

IBIT continues to lead the pack by accounting for 86% ($3.3 billion) of the 12-day total net inflows.

“12 consecutive days of inflows, $4 billion in fresh capital. The ETF category is approaching $50 billion since January 2024. That’s really incredible,” said Nate Geraci, President of The ETF Store.

To date, there have been a total of $48.4 billion in net inflows into U.S. spot Bitcoin ETFs since their launch in January 2024. Total assets under management in these funds currently stand at approximately $125 billion.

Positive Mood Continues for Ethereum ETFs

Spot Ethereum ETFs also recorded net inflows of $60.4 million on the same day, with $55.2 million of the inflows also going to BlackRock’s ETHA fund.

This is the third consecutive positive day for Ethereum ETFs, with total inflows over the last three days reaching $232.4 million. In total, $4.2 billion has flowed into these funds to date, which were launched in July 2024.

Bitcoin is trading at $107,445, up 0.8% in the last 24 hours and 2.9% on the week. After falling to $98,000 on Sunday, BTC tested the $108,000 level again on Thursday morning.

Timothy Misir, BRN Research Director, said that the dollar index falling to its lowest level since March 2022 created a strong headwind for crypto assets:

“The weakening dollar and the World Bank’s downgrade of its 2025 US growth forecast to 1.4% from 2.3% are sending economic signals in favor of uncorrelated assets like Bitcoin.”

Misir also emphasized that government institutions have openly begun accumulating Bitcoin and companies continue to rapidly adopt Bitcoin, expressing that BTC is maturing as an institutional asset class.

K33 Research President Vetle Lunde stated in his assessment earlier this week that ETF flows directly affect the BTC price, while treasury companies have a more limited impact.

Considering the combination of increasing institutional demand, the weakening dollar and concerns about an economic slowdown, it is thought that Bitcoin’s upward momentum may continue in the short term.

*This is not investment advice.

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