- Bitcoin ETFs recorded $1.03B net inflows on July 11.
- 8.88K BTC were purchased as investor demand surged.
- Ethereum saw large outflows despite $204.9M ETF inflows.
On July 11, Bitcoin ETFs attracted a staggering $1.03 billion in net inflows, signaling renewed investor confidence in the leading cryptocurrency. This surge came alongside 8.88K BTC being purchased, indicating bullish momentum in the market.
The strong ETF inflows highlight Bitcoin’s growing institutional demand, especially as traditional financial products like ETFs become more mainstream among both retail and institutional investors. These inflows are often viewed as a barometer of market sentiment and may be a precursor to price movements in the spot market.
Ethereum Faces Selling Pressure Despite Inflows
While Ethereum ETFs managed to pull in $204.9 million in net inflows, the broader ETH market told a different story. A massive 69.44K ETH were sold during the same period, suggesting that short-term traders may be taking profits or reacting to market uncertainty.
This divergence points to mixed investor behavior—while some are positioning themselves through ETFs, others are exiting ETH holdings directly. It may reflect caution among holders ahead of major Ethereum updates or macroeconomic events.
What This Means for the Market
The contrasting flows between Bitcoin and Ethereum hint at a shift in investor preference—at least in the short term. Bitcoin continues to dominate institutional interest, especially after the recent ETF approvals in several jurisdictions. Ethereum, while still receiving ETF inflows, appears to be under pressure from short-term selling.
As ETF products continue to grow in volume and impact, their influence on price discovery and market structure is becoming undeniable. Keeping an eye on ETF flow data like this can provide early signals of broader crypto trends.
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