📣Hey there, crypto enthusiasts!👋 Despite Bitcoin's 7% tumble in June, spot Bitcoin ETFs saw a net inflow of $790M!💰📈 Talk about optimism!

Remember when the funds experienced heavy outflows in April? Well, June was a different story! The largest spot ETF, BlackRock's iShares Bitcoin Trust, even saw inflows topping $1B!🚀

"Boomers are much better holders than some make them out to be," says Bloomberg's senior ETF analyst. So, who's the weak-handed hot money now, eh?😉

And guess what? The positive inflow streak could be tied to the possibility of a spot Ether ETF!🤩 Regulators and potential issuers are visibly working on getting it approved. A rival spot crypto ETF might pull money from Bitcoin funds, but it also signals that regulators are finally embracing the industry!👏

Ether ETF issuers have been asked to re-submit an important filing before July 8. So, fingers crossed, we might see the ETFs hit the market this month!🤞

What are your thoughts? Drop them in the comments below! Let's get the conversation going!👇 #DeFi #Web3 #CryptoNews