Following Bitcoin's price surge to over $60,000 on July 14 and subsequent strong performance through July 16, investors in BTC ETFs appear to be maintaining their confidence in the asset.
At the time of writing, BTC was trading at around $63,220, having briefly broken $65,000 on Binance in the early hours of the day.
On Friday, July 12, U.S.-based spot Bitcoin ETFs saw inflows of $310.1 million, their best result since June 5. For the entire week beginning July 8 and ending July 12, inflows totaled about $1.047 billion.
Investor momentum and faith doesn’t seem to be waning, as on Monday (July 15) these ETFs realized a total of $300.9 billion in inflows.
According to Farside, the majority of those inflows were directed to BlackRock’s ETF (IBIT) and the ARK 21Shares Bitcoin ETF (ARKB), which saw equal amounts – $117.2 million.
They were followed by the Fidelity Wise Origin Bitcoin Fund (FBTC), which registered $36.1 million.
VanEck’s ETF (HODL) and that of Invesco (BTCO) also saw inflows, but much more modest, registering $3.6 million and $7.9 million, respectively.
Bitcoin is once again mirroring global liquidity trends—and that could have major implications in the days ahead.
The crypto market is showing signs of cautious optimism. While prices remain elevated, sentiment indicators and trading activity suggest investors are stepping back to reassess risks rather than diving in further.
Citigroup analysts say the key to Bitcoin’s future isn’t mining cycles or halving math—it’s ETF inflows.
Bitcoin may be entering a typical summer correction phase, according to a July 25 report by crypto financial services firm Matrixport.