- BlackRock added 1,136 BTC and 57,801 ETH in one day, reinforcing its dominance in both crypto ETF markets.
- Ethereum’s harmonic structure targets 0.13202 BTC, signaling a potential multi-year reversal against Bitcoin.
- Bitcoin dominance faced its second rejection at 64.51%, aligning with previous altcoin surges from lower support zones.
Institutional capital is accelerating into crypto ETFs, with Bitcoin and Ethereum products seeing sharp inflows led by BlackRock. Data from July 10 shows a combined net flow of 1,827 BTC and 76,940 ETH across top U.S.-listed ETFs.
BlackRock Leads Bitcoin and Ethereum Accumulation
iShares (BlackRock) has emerged as the most dominant player across both Bitcoin and Ethereum ETF markets. The firm added 1,136 BTC on July 10 alone, bringing total holdings to 702,056 BTC worth over $78 billion. In a post by Lookonchain, this single-day inflow amounted to $126.33 million in capital allocation.
Fidelity also boosted its position, collecting 844 BTC and raising its holdings to 204,206 BTC. ARK 21Shares followed closely, adding 515 BTC. Meanwhile, Bitwise, Franklin, and Grayscale logged smaller increases. Only Valkyrie recorded a minor outflow of 44 BTC. In total, 10 ETFs added 1,827 BTC on the day, with a 7-day net inflow of 10,231 BTC.
On the Ethereum side, iShares inflows reached 57,801 ETH, pushing total assets under management to 1,894,254 ETH. The value of that holding exceeds $5.28 billion, showing a significant institutional commitment to ETH. Fidelity added 10,486 ETH, while Grayscale’s mini trust gained 3,576 ETH. Nine ETFs collectively pulled in 76,940 ETH in 24 hours and 173,278 ETH during the week.
ETH/BTC Pair Forms Harmonic Pattern Structure
Recent movements in the sector have reshaped priorities around macro Ethereum positioning. According to Marzell, a harmonic pattern forming on the ETH/BTC monthly chart suggests a possible reversal at the 0.02543 level. The structure, spanning from 2016 to 2025, defines points X through C with clear retracement and symmetry.
🚨 ETH/BTC vs BTC Dominance – MAJOR STRUCTURE ALERT 🧠
Two powerful charts, one massive opportunity brewing 👇
📊 Left Chart: ETH/BTC is forming a textbook Bullish Harmonic Pattern. If this plays out, we’re looking at a potential reversal that could send Ethereum soaring vs… pic.twitter.com/IvNahBZ740— Marzell (@MarzellCrypto) July 11, 2025
The current setup targets the 0.13202 zone as point D, creating a long-term bullish reversal outlook. The sharp technical structure shows Ethereum compressing into a higher time frame support region against Bitcoin. If confirmed, this pattern could mark the beginning of a multi-year ETH outperformance cycle.
Simultaneously, other market indicators suggest a different trend emerging on Bitcoin’s side. BTC dominance has been rejected again at a multi-year descending trendline, now stalling near 64.51%. This marks the second failed attempt to break above since 2021, reinforcing the upper resistance band on the dominance chart.
BTC dominance remains within a narrowing symmetrical triangle, previously bouncing off the 40% zone. With this rejection confirmed, the next support levels sit near 46% to 48% range, aligning with historic altcoin expansions.
