US Bitcoin ETFs Smash Records Again: Back-to-Back $2B Inflow Weeks Signal Bullish Frenzy
Wall Street’s bitcoin gambit pays off—again. For the second straight week, US Bitcoin ETFs hauled in a jaw-dropping $2 billion flood of institutional cash. The stampede is on.
The ETF Gold Rush Isn’t Slowing Down
No cooling-off period here. After months of sideways action, the big money is plowing into crypto’s shiniest regulated vehicle—and the numbers don’t lie. Two weeks, two billion-dollar injections. Traders are voting with their wallets.
What the Smart Money Knows (That You Don’t)
Pension funds? Hedge funds? Doesn’t matter. Everyone wants exposure without the custody headaches. The ETF wrapper solves everything—except maybe the SEC’s lingering distrust of anything that bypasses traditional finance’s toll booths.
The Cynic’s Corner
Let’s be real: Wall Street only loves innovation when it can slap a 1% management fee on it. But hey—if it drags bitcoin further into the mainstream, we’ll take the win.
Bitcoin ETFs Record $363 Million Daily Inflow To Close Past Week
According to the latest market data, the US Bitcoin ETF market saw a daily total net inflow of $363.45 million on Friday, July 18. This round of inflows marked the 12th consecutive day of positive capital influx for the crypto-linked investment products.
As expected, BlackRock’s iShares Bitcoin Trust (with the ticker IBIT) contributed most of the capital seen on Friday, adding $496.75 million in value on the day. The largest Bitcoin ETF by asset under management continues to impress, with a strong portfolio almost nearing $90 billion.
WisdomTree’s Bitcoin Trust (BTCW) was the only other Bitcoin ETF to record a positive inflow day to close the past week. Data from SoSoValue shows that the exchange-traded fund posted a $3.11 million capital inflow on Friday, representing its first activity since the series of withdrawals in late March and April.
Only five other Bitcoin ETFs recorded investor activity on Friday, including Fidelity Wise Origin Bitcoin Fund (FBTC), Grayscale Bitcoin Trust (GBTC), ARK 21Shares ETF (ARKB), Bitwise Bitcoin ETF (BITB), and VanEck Bitcoin ETF (HODL). Cumulatively, these exchange-traded funds saw a net total of $136.42 million in value withdrawn to close the week.
However, this round of withdrawals didn’t stop the Bitcoin ETFs from registering their 12th straight day of positive net inflows. Furthermore, the crypto-linked products posted their second consecutive week of more than $2 billion inflows, with a $2.39-billion performance in the past week.
Bitcoin Price Overview
Another $2-billion performance for the US-based Bitcoin ETFs didn’t happen in isolation, as it was accompanied by a historic week for the Bitcoin price. The price of BTC continued its rally in the past week, reaching as high as $122,800 to FORM a new all-time high.
As of this writing, the price of Bitcoin is hovering around the $118,000 level, with no significant movement in the past 24 hours. According to data from CoinGecko, the premier cryptocurrency is up by more than 12% in the past month.
