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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
Following weeks of fluctuating investor sentiment toward digital assets, spot Bitcoin ETFs recorded net inflows of $85.85 million on Friday. According to reports, BlackRock's IBIT fund led the positive movement, while all 12 other tracked funds successfully avoided outflows during the session. Conversely, spot Ethereum ETFs experienced capital outflows for the fourth consecutive day, highlighting a divergence in risk appetite between the two largest cryptocurrencies.
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Sign InThis recovery in Bitcoin ETFs comes amid mixed performance for crypto-linked investment products, as Ethereum funds have faced persistent selling pressure since their recent launch. Per market data, BlackRock's dominance through its IBIT fund reinforces its position as a primary vehicle for institutional liquidity compared to peers like Grayscale, which has historically seen significant outflows. Analysts suggest that the stabilization of Bitcoin flows reflects growing confidence in institutional demand despite recent price volatility.
Regarding price levels, the investment instrument 0QZZ.L stood at $1,027.54 (close June 12, 2026), after reaching an intraday high of $1,043. Traders should watch for the sustainability of these inflows as a catalyst for price momentum in the coming week, especially with a light economic calendar for crypto-specific catalysts, keeping an eye on technical support levels near $994.86.