Institutional money is pouring back into U.S. spot Bitcoin ETFs at record rates. Bitcoin exchange-traded funds kicked off the week with a combined $217 million in net inflows, while Ether ETFs added another $62.11 million, continuing a strong start to July.
BTC ▲0.19% volatility may be on summer break, but with this sort of volume, Q3 and Q4 are set to send many coins to all-time highs.
Increasingly, investors are asking: Why wouldn’t the world adopt the Bitcoin standard instead of impotently complaining about the inflation of fiat currencies year after year? Here’s what’s next for the price of Bitcoin:
BlackRock’s IBIT Bitcoin ETF Smashes Through 700,000 BTC
According to Glassnode data, BlackRock’s iShares Bitcoin Trust (IBIT) now holds over 700,000 Bitcoin, equivalent to 3.52% of the total circulating supply, a milestone reached just 18 months after launch.
With nearly $53 billion in net inflows, IBIT has become the fastest-growing ETF in financial history. According to financial analyst Jamie Elkaleh, Bitget Wallet, “If ETF inflows continue, we could be entering the early stages of a structural supply squeeze.”
BlackRock holds 700k btc now, and is 62% of the way there to passing Satoshi as world's largest single holder of bitcoin (ETFs as gp already there). IBIT has gobbled up 40k btc a month (or 1.3k/day) on pace to hit 1.2m in May '26 (not bad for 2yr old infant) h/t @EdmondsonShaun pic.twitter.com/hwpHExznF7
— Eric Balchunas (@EricBalchunas) July 8, 2025
Ether funds are also gaining traction. BlackRock’s ETHA saw $53.21 million in new inflows, with Fidelity’s FETH adding $8.9 million.
The fund reported zero outflows for the week, indicating growing investor confidence in Ethereum’s long-term prospects.
Market Calm May Mask Coming Volatility
Despite the bullish inflows, 99Bitcoins analysts warn that current price stability may not last. Bitcoin is trading within 2% of its all-time high, but volatility is near historic lows.
According to QCP Capital, the market has priced in a “Goldilocks” scenario if we are to see delayed tariffs, rate cuts, and sustained fiscal spending.
BitcoinPriceMarket CapBTC$2.16T24h7d30d1yAll time
Total ETF trading volume for Tuesday exceeded $2.89 billion, with net assets across all crypto-linked products rising to $135.71 billion for Bitcoin and $10.71 billion for Ethereum.
Bitcoin ETFs Aside, Trump’s Tariff Deadline Looms as Macro Wildcard
Markets are watching closely as President Donald Trump’s August 1 tariff deadline approaches. So far, risk assets, including BTC, have brushed off the threat, assuming a delay or backpedal. As the “Taco” saying coined by the Financial Times goes:
TRUMP
ALWAYS
CHICKENS
OUT
However, should Trump follow through, it could reshape the second half of the year.
For now, crypto ETFs are thriving on calm macro conditions and bullish momentum. But with volatility compressed and geopolitical risk brewing, investors should be prepared for sharp moves in either direction for the summer.
EXPLORE: XRP Price Jumps 11% After SEC Crypto Unit Tease XRP ETF Progress
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Key Takeaways
Fundstrat co-founder and chief investment officer Tom Lee is highlighting two possible reasons why Bitcoin (BTC) has failed to go to the “moon” despite the crypto king’s spot exchange-traded funds (ETFs) enjoying the “most successful product launch in history.”
In a new CNBC interview, Lee says one of the reasons could be the strategy the spot Bitcoin ETFs have employed to accumulate the flagship digital asset.
“I think what happened is a couple of things. One is a lot of these ETFs may have been receiving in-kind exchange. So people have their crypto keys, give it to the ETF provider and then they just stepped up their basis. So that’s not going to push up the price of Bitcoin.”
The Fundstrat CIO further says profit-taking among early Bitcoin investors could be playing a role in suppressing the price of the largest crypto asset by market cap.
“The second is that the ones who aren’t involved in ETFs, but maybe they have $10-Bitcoin… we have clients that have bought Bitcoin at $100 and now it’s $100,000. They don’t care if Bitcoin goes to $1 million. They are probably sellers at around $100,000.
So we’re churning the base now because 95% of the institutional world doesn’t own Bitcoin. But a very significant portion of Bitcoin holders are sitting on huge gains. So I think this is the churn that’s happening in Bitcoin now.”
The US spot Bitcoin ETFs have seen $48.608 billion in net inflows since their launch in January of 2024. Bitcoin is trading at $107,290 at time of writing, around the same price it was at in December of 2024.
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The post Fundstrat’s Tom Lee Says Two Factors Preventing Bitcoin From Going to the ‘Moon’ Despite Heavy Demand From ETFs appeared first on The Daily Hodl.
Hope is alive once again for Ethereum, the second-largest crypto asset, following a sudden bounce above the $2,500 level as the new week kicks off. ETH’s recent notable bounce has influenced its market dynamics and sentiment, with on-chain metrics turning positive and many investors displaying signs of accumulation. Institutional Demand Toward Ethereum Rises In an incredible move, Ethereum made a dramatic recovery on Monday, regaining the key $2,500 level. On-chain data shows that ETH’s recent upward move is catching the attention of major investors, especially on the institutional level. Leading on-chain data and financial platform, Glassnode, reported that Ethereum rebounded from the $2,200 level to $2,500, and institutional appetite has subsequently increased. Such a rise in institutional amid price spikes appetite suggests that big players might be looking to capitalize on renewed market strength. Furthermore, the development highlights Ethereum’s continued appeal to major investors, which might pave the way for further substantial institutional inflows when trust in the altcoin’s long-term prospects returns. This growing institutional appetite is observed around the Ethereum Spot Exchange-Traded Funds (ETFs). According to the on-chain platform, ETH spot ETFs recorded net inflows of over 106,000 ETH in the last week, which marks the 7th consecutive week of positive flows into the products. This consistent accumulation trend demonstrates how demand for direct ETH exposure is rising even in the face of general market uncertainty. As institutions and retail players persistently channeled fresh capital into these products over the past few weeks, it indicates a powerful wave of sustained investor confidence. Should the trend continue in the following weeks, it could set the stage for further price increases. A Wave Of ETH Accumulation Ongoing Demand for Ethereum is currently picking up pace as the altcoin displays notable upside performance. A report from Crypto Sunmoon, a market expert and author, shows that ETH holders are quietly sending a crucial message to the market with their persistent accumulation. In the quick-take post on the CryptoQuant platform, the expert revealed a strong accumulation pattern among ETH holders despite prior price pullbacks. This robust accumulation suggests renewed conviction and interest in Ethereum. Crypto Sunmoon noted that the June consolidation period saw the emergence of strong buying demand from long-term holders. In addition, the accumulation volume is showing notable divergence. Considering the rise in accumulation volume and buying pressure, the expert is confident that something big might be brewing for the altcoin. BlackMen, an on-chain analyst, has drawn attention to a surge in ETH accumulation to new levels among whales. As mid-2025 approaches, BlackMen stated that altcoin is starting to rise quickly, with the quantity of ETH in accumulation addresses hitting all-time highs. Furthermore, long-term investors are now accumulating more Ethereum rather than selling, according to on-chain data, which signals extremely positive market confidence and optimistic views for the future.