🚀 Bitcoin ETFs Smash $1.18B Inflows as BTC Soars to New All-Time High

Wall Street’s favorite crypto wrapper just hit hyperdrive—Bitcoin ETFs vacuumed up $1.18B in fresh capital as BTC price charts went vertical. Institutional FOMO? You bet.

### The ETF Effect: Mainstream Money Meets Crypto

When tradFi finally gets something right (even if it’s just copying and pasting Bitcoin into their archaic systems), the floodgates open. Suddenly every wealth manager who mocked crypto last cycle is scrambling for exposure—through the ‘safe’ wrapper of an ETF, naturally.

### Price Action: No Brakes on This Rocket

New ATHs don’t happen by accident. This surge confirms what the OGs knew all along: scarcity + adoption = price discovery that makes stock traders dizzy. Gold? More like fool’s gold compared to this performance.

### The Cynic’s Corner

Let’s see how fast these inflows reverse when the SEC inevitably ‘discovers concerns’ about market manipulation—right after their banking buddies finish accumulating positions. Welcome to ‘regulated’ crypto, folks.

As per CoinMarketCap data, Bitcoin reached a new highest price of $118,400 with analysts pointing this surge towards growing institutional interest. Bitcoin is now trading around $117,900, showing high buying volume in the cryptocurrency.

Spot bitcoin ETFs have now drawn more than $50 billion in total since they launched early last year. These ETF products are widely used by large firms like BlackRock, Fidelity, and Grayscale. They offer a trusted route for traditional investors to tap into the crypto market.  

On Ethereum, spot ETF inflows of $383 million on July 10 build on solid momentum. Just the previous day, July 9, saw inflows of around $211 million, which was the second‑highest for Ethereum ETFs in several months.  

As per expert opinions, the inflows reflect a shift from retail speculation to steady institutional capital flowing into regulated products. That trend is driving prices higher and adding liquidity to the crypto markets.

Investors will watch closely to see if these flows continue. If inflows stay strong, both Bitcoin and Ethereum prices may rise further. 

Also Read: TRON Set for New ETF as T-Rex Seeks SEC Approval for 2X Fund