Bitcoin ETF inflows have decelerated after an initial surge that propelled prices above $100,000, prompting concerns about the sustainability of recent gains. Since the approval of US spot Bitcoin ETFs in early 2024, products like BlackRock’s iShares Bitcoin Trust have significantly boosted Bitcoin's market presence, lifting its price by approximately 50%. However, recent data indicates a slowdown in inflows, with Bitcoin trading near $72,000, well below its 2025 peak of $126,200. Meanwhile, gold has outperformed Bitcoin, gaining roughly 135% since early 2024, as investors seek lower-volatility assets. Bloomberg Intelligence strategist Mike McGlone suggests this trend reflects a broader shift away from higher-risk investments. Despite the cooling momentum, institutional demand for Bitcoin ETFs remains robust compared to pre-2024 levels, indicating continued interest in Bitcoin's long-term growth potential. Analysts note that while short-term corrections may occur, Bitcoin's integration into institutional portfolios is likely to influence its future trajectory.