U.S. Bitcoin ETFs have recorded 13 consecutive days of inflows, accumulating nearly $3 billion despite flat market prices. Analysts attribute this trend to increasing institutional demand and long-only fundamental investors, which has overshadowed the activity from short-term traders. The ETFs experienced their largest single-day inflow of June on the 26th with $588.6 million, with notable contributions from BlackRock's IBIT leading at $163.7 million. Concurrently, gold ETFs faced $1 billion in outflows, revealing a significant shift where investors consider Bitcoin a superior hedge against traditional assets. The consistency in ETF inflows suggests a growing appetite among institutions for cryptocurrency investments, further supported by revised filings for altcoin ETFs like Dogecoin and Aptos, indicating a potential for broader approval in the crypto ETF space. Overall, these developments mark a significant moment for Bitcoin, highlighting a shift from retail to institutional investment and hinting at larger trends in the cryptocurrency market.

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