Bitcoin ETFs Post Biggest One-Day Inflow as SpaceX Lists

Bitcoin spot ETFs logged $85.85 million in net inflows on June 12, their largest one-day gain in four weeks, ending a five-session outflow streak as SpaceX debuted on Nasdaq.

Bitcoin spot exchange-traded funds drew $85.85 million in net inflows on June 12, the largest single-day increase in about four weeks. The inflow ended a five-session withdrawal streak and coincided with SpaceX’s Nasdaq debut.

The June 12 purchases reversed roughly $727 million of outflows that had accumulated over the prior five sessions. It was the strongest daily demand since May 14, when the funds absorbed $131.31 million. Cumulative net inflows into the suite of bitcoin spot ETFs now total $53.62 billion and combined net assets are near $79.65 billion.

The funds had earlier recorded 13 consecutive sessions of outflows from May 15 to June 3, the longest sustained withdrawal run since the ETFs launched. Market pressure during that period was linked to heightened tensions in the Middle East, which pushed bitcoin toward $59,000 and left the cryptocurrency roughly 20% lower over the past month.

Sentiment shifted in early June after President Donald Trump said on June 11 that he had canceled planned U.S. strikes on Iran. Pakistani Prime Minister Shehbaz Sharif posted that “finalisation likely expected in the next 24 hours.” Bitcoin traded back above $63,000; market data showed the price at about $63,868 at press time, up 0.18% over 24 hours.

SpaceX began trading on the Nasdaq on June 12 under the ticker SPCX. The offering price was $135, shares opened at $150 and closed near $161. The listing raised roughly $75 billion at a $1.7 trillion valuation, the largest initial public offering on record.

Despite the size of the offering, ETF flow data for June 12 showed net purchases into bitcoin funds. The June 12 inflow set a month-to-date high for daily demand and helped stabilize aggregate fund assets after the earlier run of withdrawals.

On social media Michael Saylor congratulated SpaceX and wrote, “25% of the Mag8 now holds Bitcoin on the balance sheet.” Market participants are watching the Federal Reserve meeting on June 16-17 for signs that could affect risk appetite and ETF flows.

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