Bitcoin ETF Sees $181.1M Net Inflow Yesterday as Analysts Warn Rally Lacks Sustained Support

According to Bitfinex Alpha, spot Bitcoin ETFs saw net inflows of $181.1 million yesterday (July 15), with BlackRock's IBIT fund accounting for $138.9 million. However, the analyst report cautioned that Bitcoin's recent rally, driven by lower-than-expected US inflation data in June, lacks strong underlying demand such as sustained spot buying or continued independent inflows.

Bitfinex Alpha identified the $68,000 to $68,300 range as a critical decision point for Bitcoin. The report warned that if Bitcoin fails to hold this level alongside funding rates above 15% and elevated put option demand, the price could face increased downside pressure.