Bitcoin’s Surge Past $118,000 May Reflect ETF Demand and Corporate Strategies, Analysts Suggest
The post Bitcoin’s Surge Past $118,000 May Reflect ETF Demand and Corporate Strategies, Analysts Suggest appeared on BitcoinEthereumNews.com.
Bitcoin’s unprecedented surge beyond $118,000 marks a pivotal moment driven by spot ETF demand and corporate treasury strategies rather than traditional macroeconomic factors. Altcoins are gaining momentum alongside Bitcoin, signaling a broader market rally fueled by institutional accumulation and innovative market mechanics. Thomas Perfumo of Kraken highlights a significant liquidation of over $1 billion in short positions, underscoring a shift in market dynamics and a rare dip in Bitcoin dominance. Bitcoin’s historic rally surpasses $118K, propelled by spot ETF inflows and corporate strategies, while altcoins surge, reshaping crypto market dynamics. ‘, ‘ 🚀 Advanced Trading Tools Await You!Maximize your potential. Join now and start trading! ‘, ‘ 📈 Professional Trading PlatformLeverage advanced tools and a wide range of coins to boost your investments. Sign up now! ‘ ]; var adplace = document.getElementById(“ads-bitget”); if (adplace) { var sessperindex = parseInt(sessionStorage.getItem(“adsindexBitget”)); var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBitget.length) : sessperindex; adplace.innerHTML = adscodesBitget[adsindex]; sessperindex = adsindex === adscodesBitget.length – 1 ? 0 : adsindex + 1; sessionStorage.setItem(“adsindexBitget”, sessperindex); } })(); Spot ETF Inflows and Corporate Treasury Strategies Propel Bitcoin Rally The recent Bitcoin rally distinguishes itself from previous surges by its underlying drivers. Unlike past movements influenced heavily by central bank policies or macroeconomic volatility, this rally is anchored in the structural dynamics of the crypto market itself. Spot Bitcoin ETFs recorded a record-breaking inflow of $1.18 billion in a single day, signaling robust institutional demand for direct exposure to Bitcoin’s price movements. Ethereum ETFs also contributed significantly, with $383 million in inflows, reflecting growing confidence in altcoins alongside Bitcoin. These inflows represent substantial capital commitments to spot assets rather than speculative futures or derivative trades, marking a maturation of the crypto investment landscape. Nicolai Sondergaard, a research analyst at Nansen, emphasizes that this rally is less about macroeconomic catalysts and…
Filed under: News - @ July 12, 2025 2:18 am