Bitcoin ETF Inflows Surge Past $600 Million for First Time Since May

Bitcoin exchange-bound funds have on Thursday $ 601.8 million in inflow in a month, their strongest show in more than a month, when investors in crypto products stacked in the midst of renewed optimism in risk assets.

The massive inflow represents the strongest single-day performance for Bitcoin ETFs in more than a month, with the previous flood marking reaching $ 588.6 million on 24 June.

BlackRock’s IBIT and Fidelity’s FBTC were responsible for most of the Thursday activity, with $ 224.5 million and $ 237.1 million respectively, according to Data about the fresh investors.

Other products saw smaller inflow, with Arkb adding Arkb $ 114.2 million, while GBTC and Franklin Templeton’s EZBC from Grayscale added that no net flows reported.

Investors expect “looser liquidation conditions”

The flow of institutional money comes as investors for what many expect, the financial conditions of a looser under extensive Trump administration policy will be.

ETFs remain the primary vehicle for large -scale Bitcoin Exposure, offering regulated access without the operational headache of direct crypto ownership.

“I think what drives the ETF stream, the expectation of looser liquidation conditions,” said Peter Chung, head of research at Presto Labs, said Decrypt. “It seems that risk-on trade is increasingly getting a grip, and ETFs are the easiest way to gain access to the Bitcoin exposure for institutions.”

Bitcoin floats around $ 109,000

Bitcoin staggered around $ 109,000 during the time per press CoenteckoA decrease of 0.9% as the markets are consumed stronger than expected employment data.

The Price of Bitcoin Briefly, $ 110,000 after Thursday’s job report, which showed 147,000 new positions in June 147,000 at 110,000 predictions, before it receding when unemployment fell to 4.1% instead of the expected 4.3%.

“Admittedly, Jourse Jobs data last night were Haviks, but it did not prevent Rallying, which implies that the market is willing to concentrate more in the longer term impact of the tax expansion as a result of the Tax assessment of Trump,” Chung said.

US President Donald Trump is preparing to sign his “Big Beautiful Bill” on Friday, Independence Day, after the legislation has adopted both rooms of the congress.

The tax-saving, debt ceiling collection account has crypto markets sharply, whereby entrepreneur Arthur Hayes warns that it could cause a temporary liquidity discharge while the treasury fills its general account.

Chung noted that ETF current data usually lags behind a day or two, and says that the $ 600 million figure probably reflects 2 July activity, “before the tax on the tax account”, although some investors can “buy ETF who fully expect this”.