Crypto
Bitcoin ETFs Hit Record Low Monthly Inflows: Institutional Demand Shows Weakness
724FinanceCem Talu

Bitcoin spot ETF inflows have slumped to just $205 million, the lowest monthly net inflow on record. This follows massive outflows of $2.43 billion in May and $4.52 billion in June. Ether ETFs have pulled in $342.85 million, nearly matching April's levels, while XRP and Solana ETFs remain in the single digits. The data suggests limited institutional interest. Bitcoin and Ethereum prices held steady despite the Fed's hawkish stance, with analysts noting the critical 200-week support near $63,300. Market volatility may rise with upcoming U.S. PCE inflation and GDP releases.