For the second consecutive week, Bitcoin ETFs have captured over $1 billion in total inflows. This has pushed their total holdings to surpass $150 billion, marking our entry into the much-anticipated “banana zone.” In this ever-changing market, anything is possible.
Moreover, the longstanding skepticism of Wall Street towards cryptocurrency is rapidly diminishing.
The increase in inflows coincides with market fluctuations, influenced by Federal Reserve policies and global uncertainties. BTC is responding like a release valve during these times.
Bitcoin Statistics
The significant gains of Bitcoin trading at $122,000 indicate a potential for several new all-time highs in the upcoming week.
“Bitcoin has entered ‘crisis mode’… Rates are rising, the USD is down 11% in six months, and crypto is up $1 trillion in three months.” – Kobeissi Letter
Bitcoin ETFs Recorded Over $1 Billion in Inflows for Two Days in a Row
Today’s exciting inflow of $1.03 billion was primarily directed towards BlackRock’s IBIT, which alone received $953.52 million. Other notable ETFs gaining funds included:
- Ark 21Shares (ARKB): $23.51 million
- Grayscale’s Bitcoin Mini Trust: $20.93 million
- VanEck’s HODL: $20.01 million
- Bitwise BITB: $6.41 million
There were no outflows from any of the funds, continuing a streak of six consecutive days of net-positive inflows. With BTC at $122,000 and nearing a golden cross, we anticipate active trading moving forward.
Bitcoin Prices Hit Striking New Highs
Recently, Bitcoin briefly went over $123,000, achieving a $10,000 increase over the past week, stirring optimism for the prevailing bull run. Traders are expressing bullish sentiments, predicting substantial upsides.
🚀 Crypto Surges +21.72% in Q2 2025 — BTC and altcoins are leaving traditional markets behind. Is this the beginning of a new bull run? Details 🔽
Interestingly, BTC’s gain of 14% in July aligns with historical trends, as CoinGlass noted that July usually presents returns of 20% or more, with initial gains happening within the first two weeks.
The Shifting Landscape of Bitcoin and Altcoins
While Bitcoin experiences a rally, the backdrop involves a $316 billion deficit from May, rising inflation, and contemplated rate cuts. Meanwhile, Bitcoin’s market dominance is waning, as altcoins like Sui, Sei, and Hydra are making significant gains. Still, with ETFs accumulating billions, BTC holds its strong position in the institutional arena.
Welcome to the banana zone pic.twitter.com/IzCIEoO04Z
Bitcoin acts as a reliable asset amidst financial stress. With a depreciating US dollar and increasing investor interest in BTC, the forecast remains hopeful for prices reaching $135K to $145K.
Key Takeaways
- Bitcoin ETFs have successfully accumulated over $1 billion in inflows for two consecutive weeks.
- The climb to $500,000 for Bitcoin may prove easier than reaching $100,000.
