US Bitcoin ETFs hit 8-day inflow streak despite Middle East tensions

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The spot Bitcoin ETFs recorded their eighth consecutive time of inflows arsenic aboriginal marketplace panic from the Israel-Iran struggle appears to beryllium cooling off.

US Bitcoin ETFs deed  8-day inflow streak contempt  Middle East tensions

US-based spot Bitcoin exchange-traded funds recorded $388.3 cardinal successful inflows connected Wednesday to marque it 8 consecutive days of caller capital, contempt archetypal marketplace panic from the Israel-Iran conflict.

BlackRock’s iShares Bitcoin Trust (IBIT) and the Fidelity Wise Origin Bitcoin Fund (FBTC) led each with $278.9 cardinal and $104.4 cardinal successful inflows, respectively, Farside Investors data shows.

The beardown inflow connected June 18 shows organization assurance remains steadfast arsenic Bitcoin (BTC) held dependable successful the $105,000 scope contempt renewed Iran-Israel tensions initially rattling the markets, crypto analytics level Santiment said successful a June 18 X post.

“Despite the archetypal panic, Bitcoin has remained successful the $104K-$105K range, aided by accordant ETF inflows and a deficiency of follow-through successful subject actions, mirroring the emblematic ‘risk-off, past stabilize’ signifier seen successful erstwhile geopolitical crises.”

Santiment said the signifier intimately resembles Bitcoin’s terms absorption to Russia’s penetration of Ukraine successful February 2022, and the Israel-Palestine struggle successful October 2023, which saw Bitcoin autumn astir 7% earlier stabilizing days later.

The Bitwise Bitcoin ETF (BITB) was the lone different merchandise to grounds an inflow connected June 18 astatine $11.3 million, portion the Bitcoin ETFs issued by ARK Invest, Invesco, Franklin Templeton, Valkyrie, VanEck and WisdomTree failed to registry inflows connected the day.

Only Grayscale’s Bitcoin products were successful the red

The Grayscale Bitcoin Trust ETF (GBTC) bled $16.4 million, portion the plus manager’s low-fee Grayscale Bitcoin Mini Trust besides saw $10.1 cardinal successful outflows.

Daily flows into the spot Bitcoin ETFs betwixt June 2-18. Source: Farside Investors

Inflows into Bitcoin ETFs are connected a tear

After a dilatory archetypal fewer months of 2025, inflows into the spot Bitcoin ETFs person picked up gait recently, tallying a staggering $11.2 cardinal since April 17. 

More than $46.3 cardinal has flowed into the 11 Bitcoin products, led by BlackRock’s IBIT and Fidelity’s FBTC astatine $50.6 cardinal and $11.5 billion, respectively.

The tally includes $23.2 cardinal worthy of outflows from Grayscale’s GBTC.

Ether ETFs pulling their weight

The US spot Ether (ETH) ETFs saw a 19-day inflow streak earlier it broke connected June 13 — but rebounded with 3 consecutive days of caller inflows betwixt June 16-18, including implicit $19.1 cardinal connected Wednesday.

BlackRock’s iShares Ethereum Trust ETF (ETHA) is starring the pack, with full nett outflows of $5.28 billion, Farside Investor data shows. 

BlackRock’s ETHA has recorded an inflow connected each trading time but 2 since May 20 and hasn’t recorded an outflow since May 7.

The beardown flows travel arsenic the Securities and Exchange Commission’s Crypto Task Force has taken a much collaborative attack with manufacture players and precocious clarified that protocol-level staking isn’t a securities transaction — perchance opening the doorway to Ether ETFs with staking features successful the future.

Source: Crypto McKenna

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