Bitcoin ETFs Smash $2B Inflow Mark Again as GENIUS Act Fuels Institutional Frenzy

yesterday / 21:05

US spot Bitcoin ETFs recorded their second consecutive week of over $2 billion inflows, totaling $2.39 billion in the past week, amid surging institutional demand. This follows a $363.45 million daily net inflow on July 18 – the 12th straight day of positive flows – driven largely by BlackRock's iShares Bitcoin Trust (IBIT) with $496.75 million added that day.

The momentum coincides with President Donald Trump signing the landmark GENIUS Act into law on July 18, the first major US crypto legislation. Regulatory clarity is accelerating institutional participation, with EU MiCA regulations also enabling growth. Bitcoin hit a historic high of $122,800 during the week, currently stabilizing near $118,000.

Market-wide impacts are significant, as crypto capitalization surged to $3.9 trillion. Zondacrypto CEO Przemysław Kral emphasized: "Clearer regulations, increased utility, and economic shifts are driving demand." Ethereum's bullish trend continues, reflecting broader market optimism fueled by ETF inflows and regulatory progress.