US Spot Bitcoin ETFs May See Continued Inflows Amid New All-Time Highs and Growing Demand
2025-07-12 06:53:56
Main Idea
US spot Bitcoin ETFs saw record-breaking inflows of over $2.7 billion in a week, driven by Bitcoin's price surge to new all-time highs, with BlackRock's ETF leading the growth.
Key Points
1. US spot Bitcoin ETFs attracted $2.72 billion in inflows over a week, including two consecutive days exceeding $1 billion.
2. Bitcoin's price reached a new all-time high of $118,780, fueling investor demand for ETFs.
3. ETF demand outpaced Bitcoin mining supply, with purchases reaching 22 times the daily mined supply on one day.
4. BlackRock's Bitcoin ETF (IBIT) surpassed $80 billion in assets under management within 374 days, becoming a top performer.
5. The rapid growth of Bitcoin ETFs highlights increasing institutional adoption and market appetite for cryptocurrency investments.
Description
US-based spot Bitcoin ETFs have achieved a historic milestone with over $1 billion in inflows on two consecutive days, coinciding with Bitcoin reaching new all-time highs. This unprecedented surge highlights
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