While military tensions rise between Iran and Israel, American Bitcoin Spot ETFs recorded $412.2 million in net inflows on Monday, bringing the total to over $46 billion since their launch.
A Downpour of Dollars Amidst the Storm
As the world focuses on the conflict between Israel and Iran, institutional investors continue… to heavily buy Bitcoin. On Monday, American Bitcoin Spot ETFs saw $412.2 million in net inflows, marking six consecutive days of positive flows. Cumulative total since their launch: $46 billion injected.
This isn’t just a minor technical rebound. It’s a continuous wave of purchases in a tense geopolitical context. Since June 9, over $1.8 billion has been poured into these investment vehicles, demonstrating an unwavering appetite for BTC even in times of global uncertainty.
BlackRock and Fidelity Leading the Charge
Behind this influx of capital are heavyweights from Wall Street. BlackRock (IBIT) alone attracted $266.6 million in a single day, bringing its assets to over $50 billion. Fidelity (FBTC) follows with $82.96 million, while Grayscale (GBTC) continues to lose ground: just $12.84 million in inflows on Monday, and $23.2 billion in cumulative outflows since its launch.
These discrepancies showcase a clear shift: investors are abandoning old products (often more expensive or inefficient) to turn to more efficient and tailored ETFs for their long-term strategies.
6% of Bitcoin Now Held via ETFs
The numbers are staggering. With $132.5 billion in net assets, Bitcoin ETFs represent 6.13% of BTC’s total market capitalization. In other words, 1 out of 16 Bitcoins currently circulates within a regulated, listed structure accessible through a traditional brokerage account. A major structural shift.
And it’s not just idle money: the trading volume on Monday reached $3.12 billion, indicating that ETFs have become an active playing field for investors.
Geopolitics Doesn’t Slow the Momentum
The Israeli strike on Iran last Friday briefly caused Bitcoin’s price to drop by over 7%, triggering massive sell-offs. But the subsequent rebound seems to have reassured, at least temporarily, investors.
The range of $102,000 to $103,000 remains under scrutiny. If the support holds, it could indicate that the market is absorbing selling pressure… and gearing up for a fresh start.
Bitcoin, a New Safe Haven Asset?
According to Vincent Liu, CIO at Kronos Research, the trend is clear:
Institutions are looking beyond immediate volatility. The continuous inflows into Bitcoin ETFs demonstrate growing confidence in its resilience and role in the current macro environment.
Digital gold thus affirms its appeal in times of uncertainty. And if war isn’t driving capital away… perhaps Bitcoin has already secured its spot among the elite.
