The U.S. Bitcoin spot ETFs recorded a net inflow of $1.18 billion yesterday on July 10 as Bitcoin also soared to an all‑time high on the same day. This record inflow is a sharp increase from the $218 million it saw the previous day. On the same day, the second largest cryptocurrency’s ETFs Ethereum spot also saw $383 million net inflow.
According to SoSoValue data, the $1.18 billion inflow into Bitcoin ETFs and $383 million for Ethereum ETFs were both the second‑largest daily totals seen to date. The Bitcoin figure trails only a previous record day in November 2024.
As per CoinMarketCap data, Bitcoin reached a new highest price of $118,400 with analysts pointing this surge towards growing institutional interest. Bitcoin is now trading around $117,900, showing high buying volume in the cryptocurrency.
Spot Bitcoin ETFs have now drawn more than $50 billion in total since they launched early last year. These ETF products are widely used by large firms like BlackRock, Fidelity, and Grayscale. They offer a trusted route for traditional investors to tap into the crypto market.
On Ethereum, spot ETF inflows of $383 million on July 10 build on solid momentum. Just the previous day, July 9, saw inflows of around $211 million, which was the second‑highest for Ethereum ETFs in several months.
As per expert opinions, the inflows reflect a shift from retail speculation to steady institutional capital flowing into regulated products. That trend is driving prices higher and adding liquidity to the crypto markets.
Investors will watch closely to see if these flows continue. If inflows stay strong, both Bitcoin and Ethereum prices may rise further.
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