25-6-2025 – US-listed spot Bitcoin exchange-traded funds (ETFs) attracted a staggering $588.6 million in net inflows on Tuesday, marking the most substantial daily influx for June, according to data from Farside Investors. This milestone caps an impressive 11-day streak of continuous inflows, the longest such run since December 2024, with a cumulative $2.2 billion poured into these funds since 10 June. The rally aligns with a notable easing of geopolitical tensions, spurred by a US-brokered ceasefire between Israel and Iran, which has bolstered market sentiment.
Bitcoin, the world’s premier cryptocurrency, soared to a daily peak above $106,800, rebounding from a six-week trough near $98,000, as investors embraced the prospect of regional stability. Vincent Liu, chief investment officer at Kronos Research, observed, “The relentless inflows into Bitcoin ETFs underscore the narrative of Bitcoin as a digital safe haven, with investors gravitating towards its scarcity in turbulent times.” BlackRock’s iShares Bitcoin Trust (IBIT) spearheaded the charge, drawing $436.3 million, while Fidelity’s FBTC secured $217.6 million. Bitwise and VanEck recorded more modest gains, but Grayscale’s GBTC continued its months-long trend of outflows, shedding $85.2 million.
While Bitcoin ETFs basked in the spotlight, Ether (ETH) ETFs presented a mixed picture. VanEck’s EFUT attracted $98 million, yet Grayscale’s ETHE saw $26.7 million in outflows, reflecting uneven demand for Ethereum-based products. The broader trend suggests investors are increasingly viewing Bitcoin as a macroeconomic hedge, prioritising it over other digital assets.
Despite the bullish momentum, some experts urge caution. Ray Youssef, CEO of NoOnes, described Bitcoin’s price uptick as a “relief rally” rather than a definitive trend reversal, attributing it to geopolitical de-escalation rather than a resurgence of bullish conviction. “The market seems to be catching its breath after prolonged uncertainty,” he remarked. With critical economic events looming—such as Federal Reserve Chair Jerome Powell’s testimony and the US PCE inflation report—Youssef anticipates Bitcoin may trade within a $100,000 to $106,000 range in the near term, cautioning that a dip below $100,000 could signal a slide towards $93,000.
