---
title: "Bitcoin fireworks fizzle, but ETF inflows still sparkle"
url: https://diffcoin.com/bitcoin-fireworks-fizzle-but-etf-inflows-still-sparkle/
description: "Spot Bitcoin ETFs continued their strong performance this week, with their cumulative inflows soaring by $769 million."
published: 2025-07-05
updated: 2025-07-05
author: "Mila"
site: "Diffcoin"
---

# Bitcoin fireworks fizzle, but ETF inflows still sparkle

Bitcoin price was stuck in a tight range on Saturday, July 5, as the recent recovery faded during the US Independence Day Weekend.

Bitcoin (BTC) was trading at $108,000, lower than this week’s high of $110,000, and 10% above the lowest point this month.

Spot Bitcoin ETFs continued their strong performance this week, with their cumulative inflows soaring by $769 million. That’s down from $2.2 billion the previous week. The weekly decline is partially due to the fact that this week had four U.S. trading days, in observance of Independence Day — a federal holiday in the United States.

These ETFs have experienced cumulative inflows of $49 billion, indicating that they may surpass the $50 billion mark next week. BlackRock’s iShares Bitcoin Trust, whose ticker is IBIT, has had cumulative inflows of $52.6 billion.

IBIT now holds over $76.5 billion in assets, making it one of the biggest ETFs in the United States. It ranks in eighth position among all BlackRock ETFs as it recently passed the iShares Core S&P Total US Stock Market ETF and the iShares Russell 2000 ETF.

Observers note that the fund is likely to reach the $80 billion milestone soon.

IBIT has been the fastest-growing ETF ever and is continuing to close the gap with the SPDR Gold Trust, which has $101 billion in assets. GLD was established in 2004.

### **Bitcoin demand continues rising**

The number of Bitcoin treasuries established by corporations is gaining momentum. Strategy is leading the way with 597,325 coins. These companies now hold 848,902 coins.

> Bitcoin Treasury Boom!
> 
> 51 companies have already added Bitcoin to their treasuries. This shows a clear uptrend.
> 
> Dive into all the details in this thread 🧵👇 [pic.twitter.com/L5vt9u74fj](https://t.co/L5vt9u74fj)
> 
> — CryptoQuant.com (@cryptoquant_com) [July 3, 2025](https://twitter.com/cryptoquant_com/status/1940701186652611045?ref_src=twsrc%5Etfw)

The rising demand for Bitcoin is occurring at a time when the supply on exchanges has dropped to 1.2 million, from a year-to-date high of over 1.5 million.

Recently, shareholders of Vanadi Coffee approved a strategy to acquire more Bitcoin for its balance sheet. The publicly-listed chain that currently operates six cafes based only in Alicante, now aims to become the largest Spanish company with a Bitcoin treasury.

Swedish gaming and web3 company Fragbite Group is also establishing a Bitcoin treasury to ‘future-proof’ its balance sheet. The firm has also appointed a dedicated director to oversee its Treasury operations.

### Bitcoin price technicals point to a rebound

![Bitcoin price](https://crypto.news/app/uploads/2025/07/Bitcoin-Price.png)

BTC price chart | Source: crypto.news

The daily chart suggests that Bitcoin may be a coiled spring, ready to pounce. It has remained above the 200-day Weighted Moving Average and formed two unique patterns that often lead to more gains.

It has formed a cup-and-handle pattern and is now in the latter section. It has also formed a bullish flag pattern, which has a tall vertical line and a falling channel.

Therefore, the most likely scenario is where Bitcoin breaks out and surges to a high of $144,000 in the coming months. A drop below the lower side of the flag section will invalidate the bullish outlook.

[Source link](https://crypto.news/bitcoin-price-breakout-ibit-nears-80-billion-milestone/)