Crypto ETFs Attract Billions as Prices Hit New Highs
2025-07-11 11:29:53
Main Idea
Bitcoin and Ethereum ETFs saw massive inflows amid record-breaking price surges, with significant short liquidations and strong investor demand driving the market.
Key Points
1. US spot Bitcoin ETFs attracted $1.17 billion in inflows, with BlackRock’s iShares Bitcoin Trust and Fidelity’s Wise Origin Bitcoin Fund leading the way.
2. Bitcoin's price reached a new high of $113,800, triggering over $1 billion in short liquidations across the crypto market.
3. Spot Ethereum ETFs recorded $383.1 million in net inflows, with BlackRock’s iShares Ethereum Trust ETF being the top performer.
4. CryptoQuant data showed a 71% increase in 30-day demand for Bitcoin accumulation addresses, indicating strong long-term investor interest.
5. The overall crypto market cap surged 6.38% to $3.68 trillion, with analysts noting potential for further price increases.
Description
These impressive inflows were fueled by surging investor demand and record-breaking price moves. Bitcoin soared to a new high, which triggered over $1 billion in short liquidations across the crypto market. Accumulation by long-term holders also reached a yearly high, signaling strong bullish sentiment. Analysts suggest the rally may continue, supported by supply-demand imbalances, rising realized cap, and bullish technical patterns. Bitcoin and Ether ETFs See Massive Inflows Bitcoin and Ethereu...
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