Spot bitcoin ETFs surpass $50 billion in cumulative net inflows amid institutional demand surge

U.S. spot bitcoin exchange-traded funds surpassed $50 billion in cumulative total net inflows on Wednesday, marking the first time this milestone has been reached.

According to data from SoSoValue, the 12 funds reported a total daily net inflow of $218 million, raising the cumulative total to $50.16 billion. Spot bitcoin ETFs have been continuing a consistent and significant stream of inflows, recording billions of dollars worth of positive flows in April, May and June.

On Wednesday, seven out of 12 bitcoin funds reported net inflows, led by $125.5 million moving into BlackRock's IBIT. Ark & 21Shares' ARKB followed with $56.96 million positive flows, and Grayscale's Mini Bitcoin Trust had $15.8 million in net inflows. Funds from Fidelity, Bitwise, Valkyrie and Invesco also reported inflows yesterday.

"Spot bitcoin ETFs pushing past $50 billion in cumulative net inflows marks a defining moment in bitcoin’s institutionalization," said Rachael Lucas, crypto analyst at BTC Markets. "What we’re seeing is not a retail-driven frenzy, but a steady pipeline of capital from asset managers, corporate treasuries, and wealth platforms finally stepping into the market. Weeks of consistent inflows confirm that."

Lucas further explained that bitcoin is benefiting from a combination of macro and market structure catalysts — geopolitical tension and Trump's push for aggressive interest rate cuts have triggered a surge in demand for risk assets.

"Bitcoin, with its fixed supply and global liquidity, is uniquely positioned to benefit," Lucas said. "But it’s the ETF wrapper that’s unlocking participation. These are regulated, transparent products accessible through the same infrastructure investors already use for equities and bonds."

On Wednesday, bitcoin updated its all-time high record by rising up to $112,152, likely aided by the subsiding anxiety over Trump's tariff-driven volatility. The cryptocurrency is currently trading at $110,990, up 2% in the past day, according to The Block's bitcoin price page. 

Spot Ethereum ETFs, which have also been continuing a notable inflow streak in recent weeks, recorded $211.32 million worth of positive flows on Wednesday. Ether ETFs have $4.72 billion in cumulative net inflows so far.

"This isn’t 2021. This is balance sheet allocation, not YOLO bets. Bitcoin is being treated less like a high-risk outlier and more like a long-duration macro asset," Lucas added. "The infrastructure is in place, the regulatory clarity is improving, and the capital is coming in with a long-term view. That’s what’s driving the inflows, and it’s not slowing down."