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ETF Inflows Surge: BlackRock Leads Bitcoin Rebound as Polymarket Bets on Massive Price Spike

July 9, 202601:09 AM
ETF Inflows Surge: BlackRock Leads Bitcoin Rebound as Polymarket Bets on Massive Price Spike

Institutional appetite for digital assets is surging once again as U.S. spot Bitcoin ETFs recorded a massive $265.7 million in net inflows. This resurgence is spearheaded by BlackRock’s IBIT, which captured $209.4 million in a single day, effectively neutralizing the ongoing outflows from Grayscale's GBTC.

Adding fuel to the bullish sentiment, Polymarket prediction markets are showing extreme conviction, pricing Bitcoin with a 99.95% probability of staying above the $52,000 threshold. This convergence of institutional capital and aggressive market sentiment suggests a significant shift in the current crypto liquidity cycle.

This is a summarized and adapted version by Artificial Intelligence. To read the complete original story, visit the official source.

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