U.S. President Trump announced over the weekend that a 30% tariff on goods from the EU and Mexico will take effect on August 1, causing U.S. stock index futures to decline on Monday. However, Bitcoin surged past $120,000 today, reaching a new all-time high of $121,492, just shy of the $120,000 mark. Ethereum also broke through the $3,000 barrier. Recently, funds have been continuously pouring into ETFs, with Bitcoin spot ETFs reaching a total asset size of $150.6 billion, while Ethereum spot ETFs have hit $13.5 billion.

Continuous Capital Inflows into ETFs

Bitcoin broke through $120,000 today, setting a new all-time high at $121,492. Bitcoin spot ETFs have seen net inflows exceeding $1 billion for two consecutive days, with total assets reaching $150.6 billion, accounting for 6.43% of Bitcoin’s market capitalization. BlackRock’s IBIT alone holds over half of this share, with assets totaling $84.2 billion.

Ethereum spot ETFs have also seen significant inflows, with net inflows of $210 million, $380 million, and $200 million over the past three days, bringing total assets to $13.5 billion, or 3.77% of Ethereum’s market capitalization. BlackRock’s ETHA accounts for nearly half of this, with assets of $6.14 billion.

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