Bitcoin ETFs Soar With $602M Inflows as BTC Targets $120K

Bitcoin ETFs Record Massive $602M Inflows as Institutional Demand Roars Back

Spot Bitcoin ETFs surged with over $602 million in net inflows on July 3, the most substantial single-day gain in over a month. This resurgence follows a brief outflow of $342 million on July 2 and affirms renewed institutional enthusiasm for regulated crypto exposure. Leading the charge was Fidelity’s FBTC, which attracted a staggering $237.13 million, reclaiming leadership in the space. BlackRock’s IBIT wasn’t far behind with $224.5 million, while ARKB followed with $114.2 million. Smaller inflows also went to BITB ($15.53M) and Grayscale’s GBTC ($5.84M).

ETF Assets Near $137B as BTC-USD Price Holds $108K–$110K Range

With total net assets in Bitcoin ETFs nearing $137 billion, the space now accounts for over 63% of Bitcoin’s circulating market cap. These inflows arrive as BTC-USD hovers near $108,900, with recent intraday highs breaching $110,000 before paring back. Technical structure shows Bitcoin breaking above a descending trendline, but RSI near 57 suggests overextension and the possibility of profit-taking or a short-term pullback into the $100,000–$103,000 zone.

BlackRock’s IBIT Eyes Top Spot in ETF Revenue Generation

IBIT by BlackRock now controls $73.6 billion in AUM and has become its third-highest revenue-generating ETF, surpassing legacy equity funds. Only $9 billion separates IBIT from becoming the firm's most lucrative product. IBIT also accounted for 81% of all Bitcoin ETF inflows during a 15-day streak in June totaling $4.7 billion. Year-to-date net flows into U.S. Bitcoin spot ETFs have now surpassed $14.5 billion.

Ethereum ETFs Join the Rally With $149M in Flows

While Bitcoin ETFs dominated headlines, Ethereum ETFs also posted a strong session with $149 million in net inflows. BlackRock’s ETHA led the category with $85.38 million, followed by Fidelity’s FETH at $64.65 million. Only Grayscale’s ETHE saw an outflow, losing $5.35 million. Total value traded in Ethereum ETFs was $481.4 million, while net assets closed at $10.83 billion.

Institutional Flow Fueling Crypto’s Legitimacy Shift

Thursday’s $601.8 million ETF inflow came as trading volume surged to $5.3 billion, the highest since June 24. That day had previously set the pace with $588.6 million in inflows. The spike comes amid expectations for "looser liquidation conditions" following President Trump’s upcoming fiscal expansion bill—a major driver of risk-on sentiment. Some analysts believe inflows were preemptive ahead of the bill’s signing, with ETF flow data lagging one or two days.

Cumulative BTC Holdings in ETFs Top 630,000 BTC

ETF providers now collectively hold over 630,000 BTC, up from 527,000 BTC just three months ago. That’s an increase of ~100,000 BTC, equivalent to over $10.9 billion at current prices. Despite this massive flow of institutional capital, Bitcoin’s price has stalled, reflecting liquidity sweeps and false breakouts near key resistance between $110,000–$115,000.

Public Companies Buy More BTC Than ETFs in 2025

Publicly listed firms have accumulated twice as much BTC as ETFs in 2025 YTD, a signal of deepening institutional conviction. The most aggressive acquirers remain outside of the ETF structure, suggesting that Bitcoin is increasingly seen as a strategic treasury reserve asset. This could offer long-term support even if ETF flows briefly decelerate.

SEC Approval Odds Grow for Solana, XRP, and Index Crypto ETFs

Analysts now assign a 95% chance of Solana (SOL), XRP, and Litecoin (LTC) spot ETFs being approved by the SEC before year-end. Crypto index ETFs tracking multiple coins are also expected to receive greenlights soon. This expansion signals broader adoption potential across altcoins and structured products. Over 70 crypto ETFs are now queued for regulatory approval.

Volatility Risk: Liquidity Drain from Trump’s Tax Package Could Hit BTC

Despite the bullish backdrop, some market veterans like Arthur Hayes warn of a pullback to $90,000, triggered by a potential liquidity squeeze once the Treasury begins replenishing its General Account post-legislation. This risk is amplified by a hawkish jobs report showing 147,000 new positions in June vs. 110,000 expected, suggesting slower Fed cuts.

BTC-USD Price Outlook: $115K Break Needed to Unlock $120K Path

For BTC-USD to sustain bullish momentum, a clean break above $115,000 is critical. If confirmed with high ETF volumes and positive macro tailwinds, analysts see a pathway toward $120,000. Failure to breach may prompt a healthy correction into the $100,000–$103,000 range, where ETF-driven demand could resume.

Buy, Sell, or Hold? Bitcoin ETFs Are a Long-Term Buy With Short-Term Volatility

Backed by over $1 trillion in cumulative volume since inception and growing participation from top financial institutions, Bitcoin ETFs are shifting the capital structure of the digital asset economy. Despite headline risks from fiscal policy and technical fatigue, ETF strength, multi-asset expansion, and institutional conviction argue for a Buy rating with short-term caution. The floor stands near $100,000, with upside targets extending beyond $120,000 if capital flow sustains.

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