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Bitcoin Pepe price outlook as Bitcoin ETF inflows plunge by 65%

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Bitcoin Pepe

Spot Bitcoin exchange-traded funds (ETFs) saw a significant slowdown in inflows over the past week, according to data from SoSoValue.

The 12 US-listed spot Bitcoin ETFs collectively attracted $769.6 million, marking a steep 65% decline from the previous week’s $2.22 billion.

Daily flow data showed an uneven pattern. The week opened with $102.14 million in net inflows on Monday, but quickly reversed as Tuesday posted net outflows of $342.25 million.

Inflows rebounded midweek with $407.78 million on Wednesday and $601.94 million on Thursday, the strongest single-day total since May.

US markets were closed Friday in observance of Independence Day.

Even as inflows into spot Bitcoin ETFs slowed, early stage projects like Bitcoin Pepe showed resilience as it nears the end of its presale.

BlackRock, Fidelity, and ARK 21Shares lead weekly gains

Among individual issuers, BlackRock’s IBIT recorded the largest weekly inflows at $336.8 million. Fidelity’s FBTC followed with $248.4 million, while ARK 21Shares’ ARKB brought in $160 million.

Additional funds, including those from Bitwise (BITB), Invesco (BTCO), Franklin Templeton (EZBC), Valkyrie (BRRR), and VanEck (HODL)—along with minor inflows into Grayscale’s new Bitcoin funds- contributed a combined $109.2 million.

However, these gains were partially offset by $84.9 million in outflows from Grayscale’s legacy fund, GBTC.

Profit-taking and strong jobs report dampen sentiment

The sharp decline in weekly ETF inflows is attributed in part to profit-taking activity.

As Bitcoin approached its all-time high near $111,960, some investors opted to lock in gains ahead of the holiday weekend.

This cautious stance limited short-term momentum in crypto investment products.

Macroeconomic data also influenced sentiment. The US labour market showed resilience in June, with nonfarm payrolls rising by 147,000, exceeding expectations of 110,000.

The stronger-than-expected report reduced hopes for an imminent interest rate cut in July, prompting investors to rebalance their portfolios and scale back exposure to risk assets, such as Bitcoin.

Trump’s Tax Bill Disappoints Crypto Advocates

Market sentiment was further affected by the Senate passage of former President Donald Trump’s comprehensive tax and spending package, known as the “One Big Beautiful Bill.”

While the bill introduced broad fiscal reforms, it excluded previously proposed crypto-specific tax provisions that had been backed by pro-crypto lawmakers.

These omissions, particularly regarding staking and mining, disappointed industry participants seeking regulatory clarity and tax relief.

Bitcoin Pepe fuses meme culture with Bitcoin and Solana infrastructure

Bitcoin Pepe is emerging as a unique player in the cryptocurrency landscape by merging the viral nature of meme-driven assets with a development strategy rooted in Bitcoin infrastructure.

Operating as a Layer 2 solution, the project leverages Bitcoin’s robust security while aiming to achieve scalability on par with high-performance networks like Solana.

This dual approach distinguishes Bitcoin Pepe from other meme-themed cryptocurrencies.

As a meme-focused Layer 2 network built atop Bitcoin, Bitcoin Pepe is expanding its footprint through a range of strategic partnerships.

These collaborations span multiple sectors, including gaming, content creation, decentralised finance (DeFi), and fair launch infrastructure.

The goal is to create an ecosystem where the BPEP token provides both cultural appeal and cross-chain utility.

These initiatives are designed to boost adoption and increase the project’s visibility.

Interest from institutional players and the broader cryptocurrency community is gaining traction, particularly around the development of the PEP-20 token standard.

Investor enthusiasm is reflected in the project’s presale, which has raised more than $16.297 million to date.

Further momentum is gained from confirmed listings on cryptocurrency exchanges MEXC and BitMart.

The team is planning to make its final listing announcement on July 31.

The post Bitcoin Pepe price outlook as Bitcoin ETF inflows plunge by 65% appeared first on Invezz

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