Bitcoin ETFs heat up with $1.7 billion inflows as Middle East tensions return

Spot Bitcoin ETFs have seen strong inflows in June, as geopolitical tensions in the Middle East reignited demand.

Jun 17, 2025

Happy Tuesday!

Bitcoin ETFs are surging with $1.7 billion in inflows this June as renewed Middle East tensions drive investors back to digital assets. Canada has outpaced the US by launching the world's first spot XRP ETF, while Ripple and the SEC agree to pause their legal battle, fueling optimism for a similar product stateside. Meanwhile, the crypto community is buzzing after dozens of memecoin-related X accounts including Pumpfun were mysteriously suspended, with no official explanation yet from the platform or the affected users. Stay tuned for more updates as these stories continue to develop.

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The global crypto market cap is $3.24 trillion, with a 24-hour volume of $132.9 billion. The price of Bitcoin is $104,344.27, and BTC market dominance is 64.0%. The price of Ethereum is $2,489.05, and ETH market dominance is 9.3%. The best-performing sector is Insurance, which gained 8%. The Crypto Fear & Greed Index is currently Greed (68).