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US spot Bitcoin ETFs recorded $363.45 million in daily inflows on Friday, July 18, marking their 13th consecutive day of net positive capital flow as of July 20. This surge in institutional demand coincided with a major policy shift - President Donald Trump's signing of the GENIUS Act into law. It is the first federal bill the US has dedicated to digital assets, especially Stablecoins, and has offered much-needed regulatory clarity.
This regulatory landmark has raised institutional confidence. Notably, the BlackRock iShares Bitcoin Trust (IBIT) had the highest inflows of the day at $496.75 million, increasing its assets under management (AUM) to $86.78 billion. IBIT has a turnover rate of almost 4% with 1.29 billion shares outstanding and a daily turnover of around $3.42 billion, making it the most traded and institutional preferred Bitcoin ETF.
Over the last week, US-based Bitcoin ETFs experienced $2.39 billion in total inflows, a third consecutive week of substantial weekly gains. While IBIT attracted most of the new capital, WisdomTree’s BTCW also posted a modest inflow of $3.11 million after months of dormancy. Meanwhile, five other ETFs, including Fidelity's FBTC, Grayscale's GBTC, ARK’s ARKB, and Grayscale Mini Trust (BTC), recorded a combined $136.42 million in net outflows on Friday. Despite these pullbacks, the broader market continued to post net gains.
FBTC, Fidelity’s ETF, traded at $102.47, down 1.36%, with a turnover rate of 2.19% and $21.35 billion AUM. GBTC, priced at $92.36, showed a more modest trading profile with $282.32 million in volume and $21.53 billion AUM. Both funds remain essential to institutional strategies seeking Bitcoin exposure, though trading activity lags behind IBIT.
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The price rally of Bitcoin offered a robust setting for ETF performance. The currency reached a new record high of $122,800 and moved into some consolidation around $118,000. CoinGecko indicates an increase of over 12% in the last month, implying that the capital inflow trend is being supported further by the rise in the price.
The current institutional interest contrasts with previous retail-driven cycles. Investors now prefer trusted brands like BlackRock and Fidelity, which contribute to a stable inflow cycle. ETF volumes totalling $4.85 billion on July 20 illustrate active capital positioning in regulated vehicles, highlighting a maturing market outlook.
With the GENIUS Act and ETF increases and Bitcoin's price run-up, an institutional shift to crypto adoption and investment seems imminent. Should the trend continue, ETFs will have recorded a third consecutive week of inflows of more than $2 billion, which is a structural shift in traditional finance sentiment toward digital assets.
