Bitcoin ETFs Thrive, Just 1 Outflow in 17 Days: Santiment

Santiment has revealed that the Bitcoin ETF streak continues to be going robust, with solely someday of outflows recorded within the final 17 buying and selling days.

This comes as analysts say the regular stream of cash into the funding automobiles helps drive Bitcoin costs larger.

Sustained ETF Demand

In keeping with data shared by Santiment on X, since June 6, there has solely been someday with extra money leaving than coming into these merchandise. The market intelligence platform additionally mentioned that this ongoing pattern is a optimistic signal for the way forward for Bitcoin and the broader crypto market.

As of July 7, information from Farside Traders exhibits that U.S. spot Bitcoin ETFs recorded a internet circulate of $216.5 million throughout all issuers. BlackRock’s iShares Bitcoin Belief (IBIT) led with $164.6 million in inflows, adopted by Constancy’s (FBTC) with $66 million.

ARK Make investments’s (ARKB) and Grayscale’s GBTC noticed outflows of $10.1 million and $10.2 million, whereas different ETFs, together with Bitwise’s BITB, VanEck’s HODL, Valkyrie’s BRRR, and WisdomTree’s BTCW, recorded no exercise for the day.

This follows a significant internet outflow of roughly $342 million experienced on July 1, which marked the primary unfavorable motion since June 6. Earlier than this, there had been a 15-day streak that had introduced in almost $4.7 billion. This era of sustained demand had additionally pushed cumulative internet inflows to about $49 billion and complete ETF property below administration (AUM) to above $131 billion.

Bullish Value Predictions

To date, spot Bitcoin ETFs have introduced in over $14.4 billion this 12 months, together with $4.5 billion simply in July. Fueled by elevated institutional demand, Bitcoin’s value outlook for July 2025 has turned more and more bullish as analysts undertaking recent highs primarily based on the file ETF inflows.

Markus Thielen, head of analysis at 10x Analysis, has projected an increase in Bitcoin’s value to $116,000. He recognized robust capital injection into spot Bitcoin ETFs as the principle driver behind the outlook.

 “These flows are more and more outpacing value motion, signaling institutional demand pushed extra by macro considerations than short-term momentum,” he mentioned.

On June 30, Bitwise CIO Matt Hougan and head of analysis Ryan Rasmussen printed a report confirming their $200,000 value goal for Bitcoin in 2025. They pointed to historic developments, noting that the flagship cryptocurrency reached a brand new all-time excessive of $112,000 in Might, supported by file ETF inflows.

The report additionally highlighted growing curiosity from Bitcoin treasury firms and the formation of a U.S. strategic Bitcoin reserve as bullish elements. Hougan and Rasmussen confirmed additional confidence in robust ETF inflows persevering with into the second half of the 12 months.