Amid rising tensions between Israel and Iran, a U.S. Bitcoin spot ETF has recorded inflows for eight consecutive trading days, indicating that initial market uncertainty is quickly easing.
On the 18th (local time), a total of $388.3 million was inflowed into the US Bitcoin spot ETF. This is the eighth consecutive day of inflows this month, and the number of inflows has increased despite the geopolitical crisis.
The majority of the inflows on the day came from BlackRock's Ishares, according to data from Farside Investors.
Bitcoin Trust (IBIT) and Fidelity's Wise Origin Bitcoin
The majority of the inflows were concentrated in the FBTC Fund, which received $278.9 million and $104.4 million, respectively.
This led to capital flows. Cryptocurrency analysis company Santiment said through X on the same day that "The market, which showed a downward trend in the early stages due to rising tensions in the Middle East, saw Bitcoin drop to 104,000 to 104,000.
"The dollar has regained stability while maintaining the $5,000 level," he said, and analyzed that this is a pattern of "stability after risk aversion" similar to past geopolitical crises.
Even during the US invasion of Ukraine and the Israeli-Palestinian conflict in October 2023, Bitcoin showed signs of recovering within a few days after a short decline.
As of the 18th, other ETFs that saw inflows included IBIT, FBTC, and Bitwise Bitcoin ETF.
TF (BITB) was the only one to see inflows. BITB saw inflows of $11.3 million. Meanwhile, ARK Invest, Invesco, Franklin Templeton, Valkyrie, VanEck, and Wootton were also in the lead.
ETFs issued by DisdomTree and others saw no inflows on the day. The only ETF that saw a net outflow was the Grayscale ETF.
Bitcoin Trust (GBTC) saw $16.4 million outflows, while MiniTrust, a low-fee product, saw $10.1 million outflows.
Meanwhile, the flow of funds into Bitcoin ETFs, which was somewhat sluggish at the beginning of 2025, has reversed sharply since April 17.
Total inflows during the period reached $11.2 billion, with outflows occurring on just eight days during that period.
During the same period, the price of Bitcoin also fell from under $85,000 to over $104,950.
To date, the total assets flowing into the 11 Bitcoin ETFs has exceeded $46.3 billion, of which BlackRock IBIT has $50.6 billion, Fidelity FB
TC accounted for the largest share with $11.5 billion, which includes $23.2 billion outflows from GBTC.
2025/06/20 11:24 KST
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