š Bitcoin ETF Inflows Smash $600M BarrierāFirst Time Since May as Institutional FOMO Returns
Wall Street's crypto craving is back with a vengeance.
After months of sideways action, Bitcoin ETFs just gulped down over $600 million in fresh capitalāmarking the biggest single-day inflow since May. The institutional pumps are primed.
Greed beats fear (again): Traders are piling in despite SEC chairside whispers about 'volatility risks.' Because nothing screams 'safe investment' like digital assets mooning 300% in a yearāamirite?
Liquidity tsunami incoming: This surge coincides with CME open interest hitting 3-month highs. Smart money's positioning for the next leg up while retail still debates 'bull trap.'
Funny how fast $600M becomes table stakes when Goldman starts offering BTC collateral loans. Welcome to 2025āwhere your pension fund HODLs harder than your crypto Twitter mutuals.
Investors anticipate ālooser liquidation conditionsā
The flood of institutional money comes as investors position themselves for what many expect will be looser financial conditions under expanded TRUMP administration policies.
ETFs remain the primary vehicle for large-scale bitcoin exposure, offering regulated access without the operational headaches of direct crypto ownership.
"I think what's driving the ETF FLOW is the expectation of looser liquidation conditions," Peter Chung, head of research at Presto Labs, told Decrypt. "It seems risk-on trade is increasingly gaining traction, and for institutions, ETFs are the easiest way to access the Bitcoin exposure."
Bitcoin hovers around $109,000
Bitcoin wavered around $109,000 at press time per CoinGecko, down 0.9% as markets digested stronger-than-expected employment data.
The price of Bitcoin briefly topped $110,000 following Thursday's jobs report, which showed 147,000 new positions in June against 110,000 forecasts, before retreating as unemployment fell to 4.1% instead of the expected 4.3%.
āGranted, June jobs data last night were hawkish, but it didn't stop S&P 500 from rallying, implying the market is willing to focus more on the longer-term impact of fiscal expansion resulting from Trump's tax bill,ā Chung said.
U.S. President Donald Trump prepares to sign his "Big Beautiful Bill" into law on Friday, Independence Day, after the legislation passed both chambers of Congress.
The tax-cutting, debt ceiling-raising bill has crypto markets on edge, with entrepreneur Arthur Hayes warning it could trigger a temporary liquidity drain as the Treasury refills its General Account.
Chung noted that ETF Flow data typically lags by a day or two, saying the $600 million figure likely reflects July 2 activity, ābefore the tax bill passage,ā though some investors may have been ābuying ETF fully expecting this in advance.ā