On July 1, spot Bitcoin (CRYPTO:BTC) exchange-traded funds (ETFs) in the US recorded a significant inflow of 2,047 BTC, valued at approximately $129.4 million, marking the highest inflow since June 7.

Led by Fidelity's FBTC with $65 million, followed by Bitwise's BITB and Ark 21Shares' ARKB with substantial inflows, the day also saw minor inflows for other funds.

Despite Bitcoin's price dipping briefly below $60,000 in late June, it rebounded to $63,000, driving investor confidence and contributing to five consecutive days of positive ETF inflows.

This surge coincides with anticipation around potential launches of spot Ethereum (CRYPTO:ETH) ETFs, highlighting a bullish sentiment in the crypto market despite current price fluctuations.