In a strong signal of renewed institutional confidence, U.S. spot Bitcoin (BTC) exchange-traded funds (ETFs) recorded their largest single-day inflow of June on June 24, drawing in $588.6 million. This surge not only marks the highest daily inflow this month but also extends the current net buying streak to 11 consecutive days—the longest such run since December 2024.
The sustained capital influx underscores growing investor appetite for Bitcoin as a strategic asset, even amid recent global uncertainties. Market participants are increasingly viewing BTC as a resilient store of value, especially as geopolitical tensions ease and macroeconomic signals come into focus.
👉 Discover how institutional demand is reshaping Bitcoin’s market dynamics
BlackRock and Fidelity Lead the Charge
According to data from Farside Investors, BlackRock’s iShares Bitcoin Trust (IBIT) was the primary driver of Tuesday’s inflow, attracting $436.3 million in fresh capital. This performance reinforces BlackRock’s dominant position in the spot Bitcoin ETF landscape.
Following closely behind, Fidelity’s FBTC added $217.6 million, reflecting growing trust in its long-term digital asset strategy. Smaller but notable inflows were also seen in ETFs from Bitwise and VanEck, signaling broad-based institutional participation.
In contrast, Grayscale’s GBTC continued its trend of outflows, losing $85,220 on the day—a relatively minor outflow compared to previous periods, suggesting the selling pressure may be stabilizing.
Since June 10, the cumulative inflow into spot Bitcoin ETFs has surpassed $2.2 billion, highlighting a consistent shift in capital allocation toward regulated crypto investment vehicles.
“The sustained inflows into spot Bitcoin ETFs reflect a deepening narrative of BTC as digital gold,” said Vincent Liu, Chief Investment Officer at Kronos Research. “Investors are increasingly drawn to its scarcity and resilience amid a rapidly shifting geopolitical landscape.”
Geopolitical Calm Fuels Crypto Market Rebound
The recent surge in ETF demand coincides with a significant easing of geopolitical tensions, particularly between Israel and Iran. On June 24, former U.S. President Donald Trump announced a “complete and total ceasefire,” which triggered a wave of optimism across global financial markets.
As risk sentiment improved, Bitcoin’s price rebounded sharply—from a six-week low near $98,000** to an intraday high above **$106,800, according to CoinMarketCap data. This recovery reflects Bitcoin’s growing role as a safe-haven asset during times of international instability.
The broader crypto market also benefited. While Bitcoin led the rally, Ethereum (ETH)-linked ETFs showed mixed results. VanEck’s EFUT attracted $98 million** in inflows, whereas Grayscale’s **ETHE** saw outflows of **$26.7 million, indicating selective institutional preferences within the altcoin ETF space.
👉 Explore how global events are shaping cryptocurrency investment trends
Market Awaits Key Macroeconomic Indicators
Despite the positive momentum, some market observers remain cautious. Ray Youssef, CEO of NoOnes, described the current rally as a “relief bounce” rather than a breakout driven by fundamental conviction.
“In times like these, the market is just catching its breath after prolonged stress,” Youssef noted in a commentary shared with Cointelegraph. “True confidence will return only when we see clearer macro signals.”
Traders are now turning their attention to upcoming U.S. economic data releases that could influence the Federal Reserve’s policy trajectory. Two key events loom large:
- Jerome Powell’s Congressional testimony
- The Personal Consumption Expenditures (PCE) inflation report
These indicators will be critical in shaping expectations around interest rates and liquidity—factors that directly impact risk assets like Bitcoin.
Youssef expects BTC to trade in a tight range between $100,000 and $106,000 in the near term. He identifies $106,200** as a key resistance level, while a break below **$100,000 could open the door to a retest of $93,000 support.
Why the 11-Day Inflow Streak Matters
An 11-day consecutive net inflow period is rare and statistically significant. Historically, such streaks have preceded or coincided with major price movements in Bitcoin. The consistency suggests that:
- Institutional investors are deploying capital systematically.
- Long-term holders are accumulating rather than trading short-term volatility.
- Regulatory clarity and product maturity are increasing trust in ETF structures.
This shift marks a maturation phase for the crypto market—one where emotions play less of a role than strategic asset allocation.
Core Keywords and Market Implications
The following keywords capture the essence of current market dynamics:
- Bitcoin ETF
- spot Bitcoin ETF inflows
- institutional adoption
- Bitcoin price prediction
- geopolitical impact on crypto
- BTC as digital gold
- crypto market trends
- Federal Reserve macro outlook
These terms not only reflect search intent but also align with the evolving narrative around Bitcoin as a mainstream financial asset.
👉 See how macro trends and ETF flows are converging to shape Bitcoin’s future
Frequently Asked Questions (FAQ)
Q: What caused the surge in Bitcoin ETF inflows on June 24?
A: The $588.6 million inflow was driven by easing geopolitical tensions between Israel and Iran, coupled with strong demand from institutional investors through funds like BlackRock’s IBIT and Fidelity’s FBTC.
Q: How long has the current Bitcoin ETF net inflow streak lasted?
A: As of June 24, spot Bitcoin ETFs have recorded net inflows for 11 consecutive days—the longest such streak since December 2024.
Q: Is Bitcoin still considered a safe-haven asset?
A: Yes. Recent price action and ETF flows suggest Bitcoin is increasingly viewed as a hedge against geopolitical uncertainty and monetary risk—reinforcing its “digital gold” narrative.
Q: Which Bitcoin ETF attracted the most capital recently?
A: BlackRock’s iShares Bitcoin Trust (IBIT) led with $436.3 million in inflows on June 24, maintaining its position as the top-performing spot Bitcoin ETF.
Q: Could Bitcoin’s price drop below $100,000 again?
A: While short-term volatility remains possible, analysts suggest $100,000 is a key support level. A break below could target $93,000, but sustained institutional buying may prevent deeper declines.
Q: What macro events should investors watch next?
A: The Federal Reserve Chair Jerome Powell’s congressional testimony and the PCE inflation report are critical upcoming catalysts that could influence interest rate expectations and crypto market direction.
The convergence of strong ETF demand, geopolitical de-escalation, and anticipation of macroeconomic clarity paints a nuanced but optimistic picture for Bitcoin’s trajectory in mid-2025. As institutional adoption accelerates and market infrastructure matures, Bitcoin continues to cement its place in modern portfolios—not just as a speculative asset, but as a strategic reserve component.