Global Bitcoin ETFs Experience Unprecedented Inflows

Bitcoin ETFs in Hong Kong and Australia have seen significant inflows, setting new records amid a large sell-off by the German government. Globally, the Bitcoin ETF market has accumulated 1.05 million BTC.

Hong Kong’s Bitcoin ETFs have increased their holdings to 4,941 BTC as of July 13, up 28.6% from June 21, reflecting renewed confidence in Bitcoin. Previously, these ETFs had dropped below 3,700 BTC in May due to outflows.

In Australia, the Monochrome Bitcoin ETF (IBTC) has attracted 83 BTC since its launch, bringing its total holdings close to 100 BTC. DigitalX is also planning to launch another Bitcoin ETF following recent approval.

Meanwhile, the German government sold off 50,000 BTC seized from the piracy site Movie2k, with the final batch of 3,874 BTC sold to Flow Traders on July 12.

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U.S. Bitcoin ETFs saw over $1.1 billion in inflows this week, the highest weekly amount since May. These ETFs now hold a record 888,607 BTC, according to HODL15Capital.

On July 12 alone, U.S. Bitcoin ETFs gained $311 million, led by BlackRock’s IBIT with $121 million and Fidelity’s FBTC with $115 million. BlackRock’s ETF accumulated $523 million over the week, while Fidelity’s FBTC gained $356 million. BlackRock’s IBIT now manages over $18 billion in assets, and Fidelity’s FBTC is nearing $10 billion.

Alexander Stefanov

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.