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

US-based spot Bitcoin exchange-traded funds recorded $388.3 million in inflows on Wednesday to make it eight consecutive days of recent capital, regardless of preliminary market panic from the Israel-Iran battle.

BlackRock’s iShares Bitcoin Belief (IBIT) and the Constancy Sensible Origin Bitcoin Fund (FBTC) led all with $278.9 million and $104.4 million in inflows, respectively, Farside Traders information exhibits.

The robust influx on June 18 exhibits institutional confidence stays agency as Bitcoin (BTC) held regular within the $105,000 vary regardless of renewed Iran-Israel tensions initially rattling the markets, crypto analytics platform Santiment mentioned in a June 18 X submit.

“Regardless of the preliminary panic, Bitcoin has remained within the $104K-$105K vary, aided by constant ETF inflows and an absence of follow-through in navy actions, mirroring the everyday ‘risk-off, then stabilize’ sample seen in earlier geopolitical crises.”

Santiment mentioned the sample intently resembles Bitcoin’s worth response to Russia’s invasion of Ukraine in February 2022, and the Israel-Palestine battle in October 2023, which noticed Bitcoin fall round 7% earlier than stabilizing days later.

The Bitwise Bitcoin ETF (BITB) was the one different product to file an influx on June 18 at $11.3 million, whereas the Bitcoin ETFs issued by ARK Make investments, Invesco, Franklin Templeton, Valkyrie, VanEck and WisdomTree did not register inflows on the day.

Solely Grayscale’s Bitcoin merchandise have been within the crimson

The Grayscale Bitcoin Belief ETF (GBTC) bled $16.4 million, whereas the asset supervisor’s low-fee Grayscale Bitcoin Mini Belief additionally noticed $10.1 million in outflows.

Every day flows into the spot Bitcoin ETFs between June 2-18. Supply: Farside Traders

Inflows into Bitcoin ETFs are on a tear

After a sluggish first few months of 2025, inflows into the spot Bitcoin ETFs have picked up tempo lately, tallying a staggering $11.2 billion since April 17.

There have been solely eight days of outflows since then, throughout which Bitcoin’s worth has risen from beneath $85,000 to $104,950.

Associated: Bitcoin worth stabilizes and rallies amid regional conflicts, information exhibits

Greater than $46.3 billion has flowed into the 11 Bitcoin merchandise, led by BlackRock’s IBIT and Constancy’s FBTC at $50.6 billion and $11.5 billion, respectively.

The tally consists of $23.2 billion value of outflows from Grayscale’s GBTC.

Ether ETFs pulling their weight

The US spot Ether (ETH) ETFs noticed a 19-day influx streak earlier than it broke on June 13 — however rebounded with three consecutive days of recent inflows between June 16-18, together with over $19.1 million on Wednesday.

BlackRock’s iShares Ethereum Belief ETF (ETHA) is main the pack, with whole web outflows of $5.28 billion, Farside Investor information exhibits.

BlackRock’s ETHA has recorded an influx on each buying and selling day besides two since Might 20 and hasn’t recorded an outflow since Might 7.

The robust flows come because the Securities and Trade Fee’s Crypto Activity Power has taken a extra collaborative method with business gamers and lately clarified that protocol-level staking isn’t a securities transaction — doubtlessly opening the door to Ether ETFs with staking options sooner or later.