Etfs Bitcoin See 588 million dollars in June, where the ceasefire is enhanced by market confidence star-news.press/wp

The funds exchanged in the United States of America (ETFS) recorded the largest flow for one day in June on Tuesday at an amount of $ 588.6 million. The increase extends to 11 consecutive days of pure positive flows, which represents the tallest group of closed flows since December 2024.

according to Data From Farside Investors, the flows were primarily driven by ISHares Bitcoin Trust from Blackrock (Ibit), which amounted to $ 436.3 million on Tuesday.

FBTC FBELILITY is followed by $ 217.6 million in the new capital, while smaller contributions came from BitWise and VANECK. On the other hand, GBTC of Grayscale has seen the output flows, which led to $ 85.2 million.

Over the course of 11 days starting from June 10, the Bitcoin (BTC) investment funds added more than $ 2.2 billion in flows, indicating an increase in institutional interest in the assets category despite geopolitical tensions.

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Israel -Iran ceasefire reduces market concerns

Spot Bitcoin ETFS and the broader encryption markets received a large boost after a ceasefire between Israel and Iran.

After US President Trump announced a “complete stop and shooting” on Tuesday, the markets breathed a sigh of relief. Bitcoin rose to the highest daily level of more than 106,800 dollars, and climbed from the lowest level of six weeks near 98,000 dollars, according to data from CoinmarketCap.

“Continuous flows in the time of the Bitcoin ETFS highlighting the BTC promotion story as digital gold. Investors are looking for stability through scarcity,” adding in Vincent Liu, chief investment official at Kronos Research, which is based in Taiwan, adding:

“Something slowly, Bitcoin enhances its position as a flexible shelter in a quick -shift geopolitical scene.”

Behind Bitcoin, ETHER (ETH) showed the traded investment boxes based on mixed performance. VANECK’s EFUT registered $ 98 million in flows on Tuesday, and it was met by external flows from Ethe Gramescale, which lost $ 26.7 million on the same day.

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The market is waiting for the macro signal

Ray Youssef, CEO of Nounes, described Bitcoin as a “relief gathering” instead of real outbreak, driven by stability more than the condemnation of the renewed investor. In a joint note with Cointelegraph, Youssef said that the bounce was like a “exhalation after a period of persistent tension.”

Despite the ceasefire between Israel and Iran, the merchants remained cautious in a heavy Macro week. The main upcoming events are expected, including the Cereome Powell certificates in the Federal Reserve, and the PCE inflation report, will affect a short -term direction.

Youssef said that, in order to show clearer signals, it is possible that Bitcoin is likely to merge between $ 100,000 and 106,000 dollars, with resistance near 106,200 dollars and a decrease to $ 93,000 if subsidies fail at $ 100,000.

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