🚀 Bitcoin ETFs See Record Inflows! 🚀

Hold onto your hats, BTC enthusiasts! The total inflow to U.S. spot Bitcoin ETFs hit a whopping $310 million (5,361 BTC) on Friday, July 12. This marks the largest inflow since June 5 and the sixth consecutive day of positive flows. Institutional investors are clearly buying the dip, with the total weekly inflow surpassing a billion dollars!

Leading the charge, BlackRock's IBIT fund saw $120 million in inflows, closely followed by Fidelity's FBTC with $115 million. The global total BTC held by ETFs has now reached a record high of over one million BTC, equating to 5.3% of the total circulating supply.

Despite this bullish institutional activity, retail traders remain cautious, with market sentiment still in extreme fear. Bitcoin hit an intraday high of $58,500 on Friday and surged past $60,000 on Sunday, partly due to geopolitical events and reduced selling pressure from the German government.

Stay tuned, BTC lovers! The crypto market is buzzing with excitement! 🌟