Despite the initial market panic caused by the Israel-Iran conflict, U.S.-based spot bitcoin exchange trade funds inflowed $388.3 million on Wednesday, keeping it fresh for eight consecutive days.
BlackRock’s iShares Bitcoin Trust (IBIT) and Fidelity Wise Origin Bitcoin Fund (FBTC) are inflows of $278.9 million and $104.4 million respectively to Farside Investor data show.
Strong inflows on June 18 show that Bitcoin remains firm as an institution (BTC) Despite renewing the range of $105,000 Iran – Tensions in Israel Initially shocked the market, crypto analysis platform santiment explain In the June 18 x post.
“Despite initial panic, Bitcoin maintained a range of $104,000 to 105k, a typical “risk, then the pattern stability seen in previous geopolitical crises”, aided by consistent inflows of ETFs and lack of follow-up in military operations.
Santiment said the pattern is linked to Bitcoin’s price reaction to Russia’s invasion of Ukraine in February 2022 and the Israeli-Palestine conflict in October 2023, which lowered Bitcoin by 7% before stabilizing a few days later.
Bitcoin ETF (BITB) is the only other product with a record inflow of $11.3 million on June 18, while Bitcoin ETFs issued by ARK Invest, Invest, Invesco, Franklin Templeton, Valkyrie, Valkyrie, Vaneck and Wisdomtree failed to register inflows on the same day.
Only grayscale bitcoin products are red
The Grayscale Bitcoin Trust ETF (GBTC) lost $16.4 million, while the asset manager’s low-fee Grayscale Bitcoin Mini Trust also saw a $10.1 million outflow.
Tears flowing into Bitcoin ETFs
After the first few months of 2025, the flow of Dot Bitcoin ETF Pace has recently been reached since April 17, a staggering $11.2 billion.
Since then, only eight days of outflows have risen from Bitcoin’s price below $104,950.
Related: Data shows that in regional conflicts, Bitcoin prices are stable and gatherings.
More than $46.3 billion flowed into 11 bitcoin products, led by BlackRock’s IBIT and Fidelity’s FBTC, at $50.6 billion and $11.5 billion, respectively.
The counter includes a $23.2 billion outflow of Grayscale’s GBTC.
Ether ETF increases weight
United States Location (Ether)eth) ETF saw a 19-day inflow record before the breakdown on June 13, but rebounded for three consecutive days between June 16 and 18, including more than $19.1 million on Wednesday.
BlackRock’s Ishares Ether Trust ETF (Etha) leads the lead with a total net outflow of $5.28 billion, Farside Investor data show.
Blackrock’s Etha recorded an inflow on each trading day, with no record since May 20 and no record since May 7.
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