Bitcoin Spot ETFs Register $2 Billion Inflows As Institutional Demand Surges – Details

US Bitcoin spot ETFs saw over $2 billion in net inflows last week, marking a three-week streak of positive momentum. Despite a bearish start to June, investor appetite quickly rebounded, resulting in a cumulative $4.63 billion in deposits over the past three weeks. The 12 US Bitcoin ETFs registered net inflows of $501.27 million on June 27, bringing the aggregate deposits of the last week to $2.22 billion. This extends the ETFs' positive performance to 14 consecutive days. The BlackRock IBIT registered $1.31 billion in net deposits, solidifying its position as the market's leader. Fidelity's FBTC and Ark/21 Shares' ARKB also experienced substantial cumulative inflows. Grayscale's BTC, VanEck's HODL, Valkyrie's BRRR, Invesco's BTCO, and Franklin Templeton's EZBC recorded moderate net flows. Grayscale's GBTC produced the only net outflows, losing $5.69 million in withdrawals. Despite Bitcoin market troubles, the US Bitcoin Spot ETFs have now recorded $4.50 billion in net flows in June, signaling resolute demand from institutional investors. The high influx of capital into the Bitcoin ETFs signals long-term confidence by institutional investors on Bitcoin's price appreciation prospects.