On July 10, 2025, U.S. spot Bitcoin ETFs recorded $1.18 billion in inflows, marking the sixth consecutive day of positive flows and the largest single-day influx since November 2024, per SoSoValue data. BlackRock’s IBIT led with $448.5 million, followed by Fidelity’s FBTC ($324.34 million) and Ark 21Shares’ ARKB ($268.7 million). Smaller inflows hit Bitwise, VanEck, and Valkyrie, while Grayscale’s GBTC saw $40.2 million in outflows. IBIT’s trading volume soared to $5 billion, doubling its daily average.
Bitcoin (BTC) surged past $118,100, up 6.3% in 24 hours, smashing multiple all-time highs. The rally aligns with rising institutional demand, with 125 public companies holding 847,000 BTC worth nearly $100 billion. Macro factors, including a strong U.S. economy (147,000 jobs added in June, unemployment at 4.1%) and a rising stock market (Dow up 0.61%, S&P 500 up 0.28%), bolster risk appetite. Reduced expectations for Fed rate cuts (down to 5% for July) further support the bullish setup.
Analysts like Bitwise’s Matt Hougan call this an “interim high,” predicting BTC could hit $200,000, driven by ETF inflows and corporate treasury buys. X posts reflect euphoria, with institutional conviction and ETF assets at $137 billion, holding 6.4% of BTC’s market cap. However, some warn of overbought signals (CRSI near 92), hinting at a potential cool-off. The market remains bullish, but volatility risks linger.
With Bitcoin ETF inflows and BTC’s price soaring, the market is electric, but analysts urge vigilance due to potential corrections. The combination of institutional buying and macro tailwinds suggests a strong foothold above $118,000, but technical indicators signal caution for short-term traders.
