- Bitcoin ETFs recorded $388.3 million in inflows in one day, marking the eighth consecutive day of gains, led by BlackRock and Fidelity.
- Despite geopolitical tensions, institutional interest remains strong, while Ether ETFs also rebounded with $19.1 million in inflows following positive regulatory updates.
Bitcoin ETFs are heating up again, with U.S.-listed spot Bitcoin ETFs raking in a staggering $388.3 million in a single day on June 18 — the eighth straight day of inflows. Despite ongoing geopolitical tensions, institutional appetite for Bitcoin continues to surge, led by BlackRock’s iShares Bitcoin Trust (IBIT) and Fidelity’s Wise Origin Bitcoin Fund (FBTC).
Institutional Demand Ignites Bitcoin ETFs Rally
IBIT attracted $278.9 million, while FBTC saw $104.4 million in inflows, according to data from Farside Investors. This strong performance signals renewed institutional confidence in Bitcoin, even as Middle East tensions between Israel and Iran create global uncertainty. Historically, Bitcoin has shown a “risk-off, then stabilize” pattern during conflicts — a trend observed during the 2022 Russia-Ukraine war and the 2023 Israel-Palestine clashes. This time, Bitcoin held steady near $105,000, showcasing its maturing appeal as a strategic asset.
Market Shifting Toward Low-Fee ETFs
Since April 17, Bitcoin ETFs have seen an impressive $11.2 billion in net inflows, reflecting a notable market rotation from high-fee to low-fee funds. Grayscale’s GBTC reported $16.4 million in outflows, while the newer Grayscale Mini Trust lost $10.1 million. This shift suggests that investors are prioritizing long-term exposure with efficient cost structures, a sign of a more mature and discerning market.
Cumulative flows paint a clear picture:
- IBIT: $50.6B
- FBTC: $11.5B
- Total ETF inflows: $46.3B
- GBTC outflows: $23.2B
Ether ETFs Bounce Back
Bitcoin isn’t the only crypto catching institutional eyes. Ether ETFs posted $19.1 million in inflows over three days, rebounding after their 19-day inflow streak paused. BlackRock’s iShares Ethereum Trust (ETHA) remains strong, with $5.28B in total inflows and no outflows since early May.
A recent statement from the SEC’s Crypto Task Force clarified that protocol-level staking isn’t a security, paving the way for Ethereum staking ETFs in the near future. This regulatory clarity may further bolster investor interest in Ether.
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