Bitcoin ETF inflows hit billions as BTC smashes new all-time highs
2025-07-11 08:03:48
Main Idea
Bitcoin ETFs recorded significant inflows on July 10, 2025, with BlackRock's IBIT leading the charge, while Bitcoin's price surged to new all-time highs driven by institutional interest and a strong macroeconomic backdrop.
Key Points
1. Bitcoin ETFs saw $1.18 billion in inflows on July 10, 2025, marking the sixth consecutive day of positive activity.
2. BlackRock's IBIT led with $448.5 million in inflows, followed by Fidelity's FBTC ($324.34 million) and Ark 21Shares ($268.7 million).
3. Bitcoin's price surged to over $118,100, up 6.3% in 24 hours, driven by institutional interest and a strong macroeconomic environment.
4. Q2 saw 159,100 BTC purchased by 125 public companies, now holding 847,000 BTC worth nearly $100 billion.
5. The U.S. economy showed strength with 147,000 jobs added in June and unemployment falling to 4.1%, reducing expectations for a Fed rate cut.
Description
The crypto giant’s latest price surge is fueling a wave of demand and trading activity across U.S. spot exchange-traded funds. Bitcoin ETFs recorded $1.18 billion in inflows on July 10, 2025, according to SoSoValue data . The numbers marked the funds’ sixth consecutive day of positive flows and the largest single-day inflow in months, a level last seen in November 2024. Among the top performers was BlackRock’s IBIT, which once again led the charge with approximately $448.5 million. Fidelity’s FB...
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