US-based Bitcoin spot exchange-traded fund recorded $388.3 millions in new inflows Wednesday. It was the eighth consecutive day of capital inflows, despite a market that initially panicked over the Israel-Iran crisis.
Farside Investors reported that BlackRock’s iShares Bitcoin Trust and Fidelity Wise Original Bitcoin Fund (FBTC), which are both managed by BlackRock, led the pack with inflows of $278.9 and $104.4 millions, respectively. data shows.
Bitcoin) (BTCIn spite of renewed renewals, the price of gold remained in the range between $105,000 and $105,000. Iran-Israel tensions Santiment, a crypto-analytics platform that initially rattled the markets said In a post on June 18, X.
“Despite the initial panic, Bitcoin has remained in the $104K-$105K range, aided by consistent ETF inflows and a lack of follow-through in military actions, mirroring the typical ‘risk-off, then stabilize’ pattern seen in previous geopolitical crises.”
Santiment noted that the price pattern is similar to the Bitcoin reaction in 2022 when Russia invaded Ukraine and in 2023 during the Israel-Palestine Conflict, where Bitcoin fell around 7%, before stabilizing a few days later.
Bitwise Bitcoin Exchange Traded Fund (BITB) is the only ETF to have recorded a positive inflow for the 18th of June at $11.3million. All other Bitcoin exchange traded funds, including those issued by ARK Invest and Invesco as well as Franklin Templeton ETFs, VanEck, VanEck, WisdomTree, Valkyrie or VanEck, failed to show any sign of inflows.
Grayscale Bitcoin’s products are the only ones in the black
Grayscale Bitcoin Mini Trust, a low-fee trust managed by the asset manager, also experienced a $10 million outflow.
The inflows of Bitcoin ETFs have been on the rise
Following a slow start to 2025, the inflows of capital into the spot Bitcoin ETFs Recently, the pace has picked up. A staggering $11.2 billion in sales have been recorded since April 17
Bitcoin’s value has increased from under $85,000 to over $104,950 in just eight days.
Related: Bitcoin price stabilizes and rallies amid regional conflicts, data shows
BlackRock IBIT, Fidelity FBTC, and Fidelity FBTC, with $50.6 billion each, are the two leading Bitcoin products.
Grayscale’s GBTC, which is Grayscale Group’s GBTC subsidiary, has seen outflows of $23.2 billion.
The impact of Ether ETFs
Ether is a US spot (ETH) ETFs saw a 19-day inflow streak before it broke on June 13 — but rebounded with three consecutive days of fresh inflows between June 16-18, including over $19.1 million on Wednesday.
BlackRock’s iShares Ethereum Trust ETF Farside Investor reports that (ETHA), with a total of net outflows $5.28 billion. data shows.
BlackRock’s ETHA is a good example. It has seen inflows every day but two except since 20 May and there hasn’t been an outflow recorded since 7 May.
These strong volumes are a result of the Securities and Exchange Commission. Crypto Task Force Has taken a collaborative approach to industry players, and clarified recently that protocol level staking isn’t a securities transaction — potentially opening the door to Ether ETFs with staking features in the future.
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Source: cointelegraph.com
