U.S.-listed spot Bitcoin exchange-traded funds (ETFs) attracted $412.2 million in net inflows on Monday, marking the sixth consecutive day of gains and lifting total cumulative inflows to $46.04 billion. The strong inflow streak began on June 9 and has now drawn in more than $1.8 billion in fresh capital, according to figures compiled by SoSoValue. These inflows have persisted despite ongoing geopolitical instability, including renewed military tensions between Iran and Israel. The run started with a $386.27 million inflow on June 9, followed by a spike to $431.12 million the next day. Midweek activity saw a minor pullback, but interest resumed with $322.60 million on Friday and a fresh surge on Monday. Total net assets across all U.S. spot Bitcoin ETFs have reached $132.5 billion. This figure now represents 6.13% of Bitcoin’s entire market capitalization. Meanwhile, daily trading volumes have also remained high, with $3.12 billion worth of trades executed on Monday alone. BlackRock and Fidelity Continue to Lead the ETF Race Among the ETFs, BlackRock’s iShares Bitcoin Trust (IBIT) remains the frontrunner. It pulled in $266.60 million on Monday alone and has now amassed $50.03 billion in total net inflows. Fidelity’s FBTC also performed strongly, adding $82.96 million in net flows. Grayscale’s GBTC, however, lagged behind significantly with just $12.84 million in inflows and continues to reflect a total net outflow of $23.23 billion since its inception. Vincent Liu, Chief Investment Officer at Taiwan-based Kronos Research, emphasized that institutional investors appear to be focusing on long-term strategies. “Despite rising tensions between Israel and Iran, institutions are looking past short-term volatility and focusing on long-term positioning,” Liu told Cointelegraph. He added, “Steady Bitcoin ETF inflows reflect growing trust in BTC’s resilience, accessibility, and role as a hedge in a shifting macro environment.” Bitcoin Price Volatile, But Underlying Structure Intact While ETF inflows remain strong, Bitcoin’s price has faced some turbulence. A surprise Israeli strike on Iran last Friday triggered a broader sell-off, pushing Bitcoin down more than 7% and ending the week in the red. Bitfinex analysts noted that the market showed signs of capitulation, with Net Taker Volume hitting a multi-week low of $197 million. “This selling, however, combined with a spike in liquidations, resembles past capitulation-style setups that often mark local bottoms,” they stated in a report released Monday. They also observed that if Bitcoin can maintain support between $102,000 and $103,000, it may indicate that downward pressure is being absorbed and could suggest a potential rebound in the near term. Despite the brief price dip, the continued inflows into ETFs suggest growing institutional confidence in Bitcoin as a resilient asset class, even amid uncertain global conditions.
