Bitcoin ETF Inflows Surge $639M as BTC Holds $104K – Institutions Keep Buying

Institutional Capital Floods In as Retail Flinches—Bitcoin ETFs Show Contradictory Flows

While BTC-USD slid 1.4% to $103,371 on heightened Middle East war fears, institutions added $412.2 million to U.S. spot Bitcoin ETFs—marking a sixth consecutive day of net inflows. The total assets across these ETFs rose to $132.5 billion, now accounting for 6.13% of Bitcoin’s total market cap. This is not retail speculation. This is strategic accumulation in the middle of geopolitical chaos.

BlackRock’s iShares Bitcoin Trust (IBIT) alone pulled in $266.6 million, raising its total inflows to a staggering $50.67 billion and cementing its 54% market share. IBIT now holds 674,248 BTC worth over $70.4 billion at an average BTC price of $104,000. On the same day, it bought 6,088 BTC from the open market while clocking $3.2 billion in trading volume.

Fidelity’s FBTC came in second with $82.96 million in inflows—but also posted $208 million in outflows the next day, indicating short-term rotation. Grayscale’s GBTC remained the weakest, logging only $12.84 million inflows with net outflows still hovering above $23.2 billion since launch.

ETF Flows Slow Dramatically—But BlackRock Dominance Remains Untouched

ETF inflows nearly halved the following day to $216 million—down 47% from $412 million—suggesting caution is building in markets. Yet IBIT defied the trend, capturing $639.2 million on June 17, its largest single-day net inflow since May 22. Meanwhile, Ark’s ARKB and Fidelity’s FBTC saw $191.4 million and $208.4 million in outflows, respectively, neutralizing overall ETF gains.

Despite this, cumulative June inflows remain strong at $1.89 billion. BlackRock continues to absorb market share from its rivals and is now the undisputed leader in the Bitcoin ETF landscape.

Bitcoin Futures Open Interest Falls—Speculators Exit While Long-Term Holders Add

Open interest in BTC futures dropped by 3% to $70.24 billion, signaling reduced leverage and growing aversion to volatility. As BTC dropped over 4.5% in the past week and sits near $104,459, traders are unwinding risk, not chasing dips. Meanwhile, the options market shows rising put demand—bearish bets are increasing, confirming defensive posturing.

But institutions don’t flinch: they’re not trading week-to-week. They’re accumulating with multi-year outlooks. The $216 million ETF inflow on a down day confirms that long-term conviction remains intact, even if derivatives markets are turning cautious.

Corporate Balance Sheets Embrace BTC—Sweden's H100 Group Leads the Way

In a separate move underlining corporate adoption, Swedish healthcare tech firm H100 Group acquired 144.8 BTC in a convertible loan deal, lifting its holdings to 169.2 BTC. This is not speculative. It's strategic treasury diversification.

H100 also plans to integrate blockchain tech for data security and operational efficiency—mirroring the enterprise trend of embedding decentralized systems. The parallel between capital allocation and infrastructure adoption is growing stronger.

Price Breakdown: BTC Hovers Near $104K But Must Hold Key Levels

Bitcoin's recent price action is a story of resilience under pressure. After the Israel-Iran strike, BTC plunged 7% to a low of $103,693, but rebounded above $107,000 within hours. Analysts flagged $102,000–$103,000 as the line in the sand. A break below this risks a deeper retracement.

The Net Taker Volume dropped to a multi-week low of $197 million—classic selling climax territory, often a precursor to reversal. Despite short-term pressure, longer-term weekly momentum remains upward, and daily charts lean bullish. Still, the 4-hour chart signals near-term weakness.

Dominance tells its own story: BTC dominance passed 20%, contradicting expectations of an altcoin breakout. Volume across crypto jumped 30% to $130 billion in 24 hours, mostly from BTC.

Fear & Greed Index Sits at 53—Market Awaits Fed While Watching the War

Sentiment is torn. The Fear & Greed Index hovers in neutral at 53, caught between geopolitical tail risks and rising ETF optimism. Traders are waiting for clarity on rate policy from the FOMC as Jerome Powell prepares remarks this week. Any signal of a cut could light a fire under crypto broadly.

But even now, Bitcoin remains above $100,000, absorbing both macro and geopolitical risk with surprising calm.

The Big Question: Will Bitcoin Break Its All-Time High—or Are Institutions Just Hedging?

ETF inflows and corporate treasury buys paint a bullish long-term picture. But with net inflows slowing and short-term sentiment cautious, is Bitcoin preparing for a breakout—or just building a base?

Can BTC-USD punch through its all-time high while ETF demand builds but traders pull back? Is this just consolidation before liftoff—or the top before a major flush?

Buy, Sell, or Hold?

Based on the data: Hold, with a strong bullish bias.

Why?

• $1.89 billion in June ETF inflows.

• IBIT buying over 6,000 BTC in one day.

• 674,248 BTC under BlackRock control.

• Daily $3.2 billion in ETF volume despite geopolitical panic.

• Corporate treasuries adding spot BTC.

• Price resilience above $100,000 with capitulation-style signals in Net Taker Volume.

• Institutional conviction unshaken.

Yes, caution is warranted with put demand and falling open interest—but the structural trend remains upward. ETF demand is not speculation—it’s allocation. And that changes the game.

That's TradingNEWS