Bitcoin exchange-traded funds (ETFs) continued their red-hot streak with a $602 million inflow, led by heavy activity in Fidelity’s and Blackrock’s funds. Ether ETFs also bounced back with $148.57 million in net inflows, riding high on renewed investor confidence. Bitcoin and Ether Funds Rack Up $750 Million in Inflows on Strong Institutional Demand Momentum doesn’t […]
DeFi Technologies Inc, a Nasdaq-listed fintech firm, is expanding into the GCC and MENA regions to capitalize on the rising institutional demand for digital assets across the Middle East. Expanding DeFi Technologies’ Global Footprint DeFi Technologies Inc, a Nasdaq-listed financial technology company, has announced a significant expansion into the GCC and MENA regions. The company […]
Bitcoin is making waves on Wall Street as institutional investors increase their exposure through exchange-traded funds (ETFs). Recent data shows that spot Bitcoin ETFs now hold over 1.24 million BTC, which is about 6% of the total circulating supply. This is a big deal for Bitcoin’s integration with traditional finance. Bitcoin ETFs’ holdings — WalletPilot ETF giants like BlackRock, Fidelity and others are still buying bitcoin despite global tensions, high interest rates and market uncertainty. These holdings have been growing since the launch of spot Bitcoin ETFs in early 2024 and reflect the growing institutional demand for the scarce digital asset. Even during recent geopolitical turmoil, Bitcoin ETFs didn’t flinch. Over the last two weeks, as tensions escalated in the Middle East, ETFs had 10 straight days of inflows, according to Farside Investors. Bitcoin ETFs’ flows in June 2025 — Farside Investors “Institutional demand for Bitcoin doesn’t flinch easily,” said Ecoinometrics on social media platform X. “The streak is still intact and that sets the stage for Bitcoin’s upside potential to play out.” Bitcoin ETFs didn’t break during global stress. That’s a change in investor behavior. As Dragonfly data analyst Hildebert Moulie pointed out, ETF investors are no longer just speculating — they are allocating long-term. That means institutional investors now view bitcoin as a core portfolio asset. Reports from CryptoQuant and other analysts show that the average purchase price for most ETF-held bitcoin is around $73,000, excluding Grayscale’s GBTC fund. They believe that’s the current key psychological and technical support level. That’s important because many institutional investors are conservative. They typically aim for 40-50% profits before they sell. Given bitcoin is trading between $105,000 and $107,000, many ETF investors are getting close to that profit window. But analysts say they are not in a rush to exit. The Market Value to Realized Value (MVRV) ratio — a metric to measure profitability — is at 1.43 for ETF holdings. That’s well below the historical peak of 3.7 which was seen before previous big sell-offs. So there’s still room to grow before institutions feel pressure to take profits. BlackRock still leads the ETF market with 695,829 BTC under management, controlling over 52% of all ETF-held bitcoin. Fidelity and other firms are also adding to the growing pool of BTC held in these regulated products. With only 21 million BTC ever to exist and over 1.23 million BTC locked away in ETFs, supply is getting tight. If demand keeps rising this could lead to a supply shock. The bitcoin in ETFs is essentially locked away, not available for trading on exchanges unless there are large outflows. That’s what makes this such a big structural shift. Even with rising geopolitical risks and market volatility, ETF investors are calm. As Bloomberg’s ETF expert Eric Balchunas said back in April, these holders have “stronger hands than most think”. He credits them for absorbing sell pressure from short-term holders and even from large liquidations like the FTX collapse. Eric Balchunas on X
The SEC delivered sweeping guidance for crypto ETP issuers, outlining strict disclosure standards that could fast-track compliant offerings and expand institutional access to digital assets. SEC Clarifies Rules for Crypto ETPs Under Securities Acts The U.S. Securities and Exchange Commission (SEC) issued a detailed statement on July 1 clarifying how issuers of crypto asset exchange-traded […]
SOL shot up 5% on Solana ETF news and then gave it all back. Hype in crypto is a fickle mistress like a Florida man on bath salts: unpredictable, charming, somewhat lovable. Meanwhile, SOL is drifting near critical supply and demand zones; its next move hangs in the balance as traders weigh flash momentum against deeper support. SolanaPriceMarket CapSOL$79.34B24h7d30d1yAll time Solana ETF Driven Surge Meets Immediate Resistance The ETF announcement initially brought renewed interest in Solana, driving a brief 5% price jump. Yet, its rally faced immediate rejection at the $160 mark, a level coinciding with a known H4 (4-hour) supply zone. At this point you have tofeel bad for SOL holders. It makes you wonder if last cycle’s altcoins are perennial slow movers: The ones that pumped 10x already won’t do it again. Altseason rewards those who spot new narratives, not those who chase old ones. — VirtualBacon (@VirtualBacon0x) July 1, 2025 This zone that SOL is stuck in is effectively absorbing buying pressure, leading to SOL’s reversal back into the $144.5–$147.7 range. According to recent 99Bitcoin’s analysis, Solana’s behavior was predictable, as it reacted to the supply zone by pulling in longs before reversing course. Key Support and Resistance Levels After Solana ETF News SOL is clinging to a crucial patch between $144.5 and $147.7. If SOL falls through this support its next safety net is much lower, around $124 or even down near the psychological graveyard of $100. A $100 SOLbefore GTA 6 releases is not something we had on our 2025 bingo card. Bulls are eyeing $160. Break and close above that, and things could flip bullish quickly. (SOLUSD) While Bitcoin chops near all-time highs, SOL and other altcoins are lagging, dragged by risk-off sentiment and a broader market that is desperate for Fed rate cuts and quantitative easing. Price action is still locked in a descending channel from May’s failed $180 breakout. Every bounce looks temporary for SOL and momentum is thin. What’s Next for SOL? Data from Glassnode reveals that the real danger for SOL is below the support line. If $144 fails to hold, there’s not much to cushion the drop. The thin order book between $100 and $124 could turn a dip into a nosedive. Bulls need to hold the line As it stands, Bitcoin, the forever market mover, will likely decide if SOL bounces or bleeds. Holding this range could spark a recovery but losing it could drag price back into the abyss. EXPLORE: Tether CEO Paolo Ardoino Hopes For Net Positive From US Elections, Says Bitcoin Strategic Reserve Is A Great Idea: 99Bitcoins Exclusive Join The 99Bitcoins News Discord Here For The Latest Market Updates Key Takeaways