The post $1.5 Billion Flows Into BTC ETFs This Week as Bitcoin Double Taps $108K appeared on BitcoinEthereumNews.com.

Spot Bitcoin ETFs have seen almost $1.5 billion in inflows so far this week as institutional investors are driving the markets. In just three trading days, aggregate inflows for US spot BTC funds totalled $1.48 billion, according to Farside Investors. Additionally, there has not been an outflow day since June 6, almost three weeks ago. Its “absolutely ridiculous,” said ETF Store President Nate Geraci, who observed almost $4 billion in new capital and the total aggregate inflow approaching $50 billion since the products launched 18 months ago. ETFs On Fire BlackRock’s iShares Bitcoin Trust (IBIT) has been hoovering up the most with a more than 9,400 BTC purchased this week alone. The fund has seen an aggregate inflow of almost $52 billion since it launched, with Wednesday seeing a further $340 million in inflows, according to Farside Investors. Its closest competitor is Fidelity, which saw $115 million in inflows on June 25 and has a total aggregate inflow of $11.7 billion. The other nine products are small fry in comparison. In related news, ETF issuers Invesco and Galaxy filed for a Solana ETF on Wednesday, bringing the total to nine issuers that have filed for Solana funds, reported Bloomberg ETF analyst James Seyffart. Meanwhile, Canary Capital filed a 19b-4 form with CBOE for a PENGU ETF that will cover the tokens and Pudgy Penguins NFTs. NEW: @InvescoUS (and @galaxyhq) just filed for a Solana ETF. That makes Nine issuers that have filed for a Solana ETF now. pic.twitter.com/iu3OZVO9Pg — James Seyffart (@JSeyff) June 25, 2025 Meanwhile, Bitcoin has been recognized as a reserve asset by the US housing system in a “defining moment for institutional BTC adoption and collateral recognition,” said Michael Saylor. Bitcoin Dominance Surges Bitcoin prices have gained almost 10% since their sub-six-figure dip earlier this week. The…

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Filed under: News - @ June 26, 2025 7:25 am