The ETF on Bitcoin spot have recorded positive inflows for the eighth consecutive day, overcoming the initial panic reactions related to the conflict between Israel and Iran. On Wednesday, June 18, the spot Bitcoin ETF attracted 388.3 million dollars, indicating solid institutional confidence despite the geopolitical uncertainty.
In particular, the largest inflows were concentrated in BlackRock and Fidelity products, with the iShares Bitcoin Trust (IBIT) gathering 278.9 million dollars, followed by the Fidelity Wise Origin Bitcoin Fund (FBTC) with 104.4 million, according to data provided by Farside Investors. Even though the market initially felt the impact of the conflict, Bitcoin maintained a stable price around 105,000 dollars.
How Bitcoin ETFs mitigated the impact of Iran-Israel tensions
According to the analyses of the platform Santiment, the reaction pattern of the price of Bitcoin during the escalation of tensions appears similar to past geopolitical events. The price of Bitcoin fluctuated between 104,000 and 105,000 dollars, supported by continuous inflows into ETFs and the absence of prolonged military actions.
š®š±š®š· Il conflitto in corso tra Israele e Iran ha portato a un aumento visibile della volatilitĆ nel settore crypto. I dati sul sentiment hanno mostrato un importante sentiment bear tra il 12 e il 15 giugno, in particolare, coincidente con un calo del 4-6% nel prezzo di Bitcoin e la cancellazione di oltre $200 miliardi daā¦ pic.twitter.com/t1Qe7DlOCf
ā Santiment (@santimentfeed) 18 giugno 2025
Santiment highlights a ārisk-off, then stabilizeā structure (initial fear followed by stabilization), which reflects what happened with the Russian invasion of Ukraine in February 2022 and the Israel-Palestine conflict in October 2023. These events caused an initial drop of about 7%, followed by a rapid Bitcoin rebound a few days later.
Different flows among the main Bitcoin ETFĀ
In addition to the giants BlackRock and Fidelity, the Bitwise Bitcoin ETF (BITB) also recorded a positive inflow of 11.3 million dollars on June 18. However, other products such as those from ARK Invest, Invesco, Franklin Templeton, Valkyrie, VanEck, and WisdomTree did not show inflows that day.
On the other hand, Grayscaleās products have experienced significant outflows: the Grayscale Bitcoin Trust ETF (GBTC) lost 16.4 million dollars, while the Grayscale Bitcoin Mini Trust saw outflows of 10.1 million.
Record flows and growing trend for Bitcoin ETFs in 2025
Despite a slow start to the year, since April 17, Bitcoin ETF have been experiencing a period of accelerated growth in capital flows, with over 11.2 billion dollars raised. Outflows were recorded on only eight days, while for the rest, the capital increased in parallel with the price of Bitcoin, which rose from less than 85,000 to almost 105,000 dollars.
Among the 11 Bitcoin products available on the market, BlackRock and Fidelity remain leaders with cumulative flows of 50.6 and 11.5 billion dollars, respectively. These numbers also include the outflows from GBTC of Grayscale, amounting to 23.2 billion dollars, confirming differentiated dynamics among various operators.
The role of Ethereum ETFs in the U.S. market
In parallel, the ETF ETH spot in the United States also showed a solid performance. After 19 consecutive days of inflows, interrupted on June 13, they experienced a rapid recovery with three days of new inflows, including 19.1 million dollars on June 18 alone.
The BlackRock iShares Ethereum Trust ETF (ETHA) leads the sector, with net positive flows exceeding 19 million in recent days, and has recorded outflows on only two trading days since May 20. This positive trend is certainly favored by the new collaborative stance of the Securities and Exchange Commission (SEC).
Collaboration between SEC and cryptocurrency industry
The Securities and Exchange Commission has recently clarified that Ethereum staking does not constitute a security transaction. This important detail concretely paves the way for future Ethereum ETFs with staking functionalities, thus enhancing the attractiveness and investment opportunities in the sector.
Bitcoin ETF: an indicator of trust for the digital market
The eighth consecutive day of positive inflows in Bitcoin ETFs demonstrates a solidity and attractiveness of the digital asset market that go beyond geopolitical crises and moments of uncertainty. The resilience of Bitcoin within the price range of approximately 105,000 dollars shows that institutional investors continue to see value in its potential as a financial asset.
Furthermore, the growing integration between regulators like the SEC and the cryptocurrency market creates a favorable environment for future innovations, especially in the realm of ETFs with advanced features like staking.
Consequently, those who wish to enter the world of cryptocurrencies can consider ETFs on Bitcoin and Ethereum as valid and regulated instruments, capable of combining accessibility and investor protection. Monitoring these flows could provide important insights to promptly seize opportunities in a dynamic market like that of digital assets.