The Bitcoin ETF has attracted a net inflow of $85.85 million on June 12, marking the highest inflow in about 4 weeks. This reversal coincided with the historic day that SpaceX launched in the Nasdaq market.
This inflow has ended the record of five consecutive days of withdrawals, which had previously pulled around 727 million USD out of the funds.
BTC ETF inflows are back after a rough patch.
The total figures on June 12 show the highest daily demand since May 14 when these funds received 131.31 million USD. Currently, the net cumulative inflow stands at 53.62 billion USD, with total net assets nearing 79.65 billion USD.
However, the day before that saw a trend in the opposite direction. Capital outflows occurred on June 5, 8, 9, 10, and 11, pulling funds before the trend reversed. Funds withdrew for 13 consecutive days from May 15 to June 3, marking the longest streak of outflows since launching earlier in 2024.
Geopolitical issues are driving this pressure. The tensions in the Middle East have pushed Bitcoin down to 59,000 USD. Additionally, Bitcoin has dropped around 20% over the past month.
But the atmosphere shifted on June 11 when President Donald Trump announced the cancellation of the US attack plan against Iran, citing progress in the deal.
After that, Bitcoin rebounded past 63,000 USD again. Meanwhile, diplomatic movements have been progressing today. Pakistan's Prime Minister Shehbaz Sharif stated that a deal could be finalized in the next 24 hours.
Follow us on X for real-time updates.
We are closer to a peace deal than ever before. With finalization likely expected in the next 24 hours, Pakistan is preparing for the electronic signing of the peace deal immediately after, followed by technical level talks next week. We would like to thank the United States of…
— Shehbaz Sharif (@CMShehbaz) June 13, 2026
This news has helped boost the largest cryptocurrency, with BeInCrypto market data showing that BTC has risen by 0.17623% over the past day. As of now, the trading price is 63,868 USD.
Coincidentally, the market inflow coincided with another significant movement, as SpaceX began trading its shares on Nasdaq starting June 12 under the ticker symbol SPCX. The initial stock price was 135 USD, opened at 150 USD, and closed near 161 USD.
Congratulations @ElonMusk and $SPCX on a historic IPO. Thanks to you, 25% of the Mag8 now holds Bitcoin on the balance sheet.
— Michael Saylor (@saylor) June 13, 2026
This stock offering raised about 75 billion USD from a market cap of 1.7 trillion USD, marking the largest IPO on record.
This massive fundraising has sparked competition for capital among investors. However, the inflow data shows a contrary direction as the Bitcoin ETF attracted capital into the market, and BTC's recovery indicates that demand in crypto remains strong and hasn't been displaced.
Attention is now focused on the Federal Reserve. The meeting on June 16-17 could determine whether these inflows will continue.
Subscribe to our YouTube channel for insights from leaders and journalists.
