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Bitcoin ETF sees $292M inflow, ending 8 weeks of outflows amid rising institutional confidence

Market News
12 Jul 2026, 14:36 WIB
Crypto Briefing
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Bullish
Bitcoin ETF sees $292M inflow, ending 8 weeks of outflows amid rising institutional confidence

The IBIT Bitcoin ETF, managed by BlackRock, recorded a $292 million net inflow last week, reversing eight consecutive weeks of outflows. This inflow reflects renewed institutional interest in Bitcoin, which currently trades near $70,000. Market confidence is strong that Bitcoin will stay above $58,000, though less so for higher price points. Investors are watching upcoming economic data and Federal Reserve policies that could impact Bitcoin's outlook and ETF inflows going forward.

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