Bitcoin ETFs Break Free From Two Months of Bleeding

FINANCE FEEDS ·

Spot Bitcoin exchange-traded funds returned to net inflows in the week ended July 10, pulling in $197.40 million to snap an eight-week withdrawal streak that had weighed heavily on institutional crypto sentiment. Ethereum ETFs also turned positive, adding $84.42 million over the same period, according to SoSoValue data . The reversal suggests institutional demand is improving, though the flow breakdown shows investors are moving selectively rather than returning broadly across the product category. The weekly rebound was almost entirely driven by BlackRock’s iShares Bitcoin Trust, which attracted $291.9 million in inflows. That strength was partly offset by continued withdrawals from the Grayscale Bitcoin Trust , the Fidelity Wise Origin Bitcoin Fund, and the ARK 21Shares Bitcoin ETF. The gap shows the recovery is concentrated in a single dominant fund rather than distributed across the broader ETF sector. Bitcoin ETF net assets rose to $77.42 billion by July 10, while Ethereum ETF assets recovered to $9.59 billion after two difficult months. The previous eight weeks had been punishing for both product categories. Outflows peaked at $1.79 billion in the week ended June 26, the worst single-week drain since spot Bitcoin ETFs launched. Ethereum ETFs lost $273.34 million in that same stretch, according to Yahoo Finance . Ethereum funds also broke their losing streak, led by inflows into BlackRock and Fidelity ether products. The split between BlackRock’s inflows and redemptions from competing funds suggests that institutional investors are becoming more selective rather than broadly returning to crypto ETFs . One issuer absorbing nearly all net inflows while three rivals face continued outflows suggests a flight to perceived quality, scale, and brand-name liquidity rather than a resumption of risk appetite across the entire asset class. The turnaround coincided with a shift in macro sentiment. Federal Reserve Chair Kevin Warsh indicated that inflation risks had eased, while weak jobs data reinforced expectations that monetary conditions may become less restrictive later this year. Still, daily flows remained volatile as Bitcoin ETFs posted outflows of $84.86 million on July 8 and $95.30 million on July 9 following US strikes on Iran, underscoring how geopolitical shocks can override improving macro signals within hours. Spot ETF flows have become one of the clearest gauges of institutional appetite for crypto exposure. When money exits these products for eight consecutive weeks, it signals that large investors are reducing positions or waiting for better entry points rather than actively accumulating. Related: US Bitcoin ETFs Break 8-Week Outflow Streak With $197 Million Inflow A single positive week does not confirm a lasting recovery, particularly when most of that capital flows into one issuer. With Bitcoin ETF assets at $77.42 billion and Ethereum ETF assets at $9.59 billion, the market now has a base to test whether recent buying marks a temporary pause in selling or the start of renewed accumulation. The next weekly flow report will show whether BlackRock’s rebound extends to the broader ETF field or remains a one-fund story that masks continued weakness elsewhere in the product category.

AI 시장 분석

Bitcoin spot ETFs have broken a two-month trend of net outflows, shifting back to net inflows. This indicates a recovery in market sentiment as institutional buying resumes. With reduced volatility in Bitcoin prices and a shift to positive fund flows, expectations for the broader digital asset market are rising.

상승 영향

DYAX 전담 분석

N/A

AI가 생성한 분석으로 투자 자문이 아닙니다.

DYAX Investor Sentiment

Bullish (Long) 33% · Bearish (Short) 67%

429 participants

Related News

원문 보기 — FINANCE FEEDS