According to Fidelity's Jurrien Timmer, Bitcoin is in the middle of its adoption curve, comparing its growth to that of the internet. Data indicates increased corporate adoption and inflows into digital asset products, suggesting a maturing market.
US spot Bitcoin ETFs recorded over $1 billion in inflows for the second consecutive day, reaching a historic high. BlackRock and Fidelity led the inflows, marking a strong week for Bitcoin ETFs.
US spot Bitcoin ETFs recorded their largest single-day inflow for June with $588.6 million, extending the streak to 11 consecutive days of net positive flows. BlackRock's iShares Bitcoin Trust (IBIT) led the inflows.
