Bitcoin ETFs See Strong Inflows Amid Anticipation of Policy Shifts and Market Repositioning
2025-07-04 10:12:01
Main Idea
Bitcoin ETFs experienced a significant $601.8 million inflow, driven by investor optimism over potential policy shifts under Trump's tax bill, with BlackRock and Fidelity leading the inflows.
Key Points
1. Bitcoin ETFs recorded a $601.8 million inflow, the highest in over a month, surpassing the previous peak of $588.6 million on June 24.
2. BlackRock’s IBIT and Fidelity’s FBTC were the primary beneficiaries, drawing $224.5 million and $237.1 million respectively.
3. Investors anticipate looser financial conditions under Trump’s tax bill, driving the surge in Bitcoin ETF inflows.
4. Bitcoin’s price fluctuated around $109,000, briefly spiking above $110,000 following stronger-than-expected June employment figures.
5. The U.S. economy added 147,000 jobs in June, surpassing the forecasted 110,000, while the unemployment rate fell to 4.1%.
Description
Bitcoin exchange-traded funds (ETFs) surged with $601.8 million in inflows on Thursday, marking the strongest single-day performance in over a month amid shifting market dynamics and renewed investor optimism. BlackRock’s
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