Bitcoin and Ether ETFs Snap 8-Week Outflow Run With Combined Inflows of $282 Million
After nearly two months of steady withdrawals, U.S. spot Bitcoin and Ether exchange-traded funds (ETFs) broke their eight-week outflow streaks, drawing fresh capital as institutional demand began to recover. From July 6 to July 10, spot Bitcoin ETFs recorded $197.4 million in net inflows, while spot Ether ETFs added $84.42 million, ending eight straight weeks of redemptions.
The recovery was led by BlackRock’s IBIT, which added $291.9 million in Bitcoin ETF inflows. Grayscale’s Bitcoin Mini Trust followed with $95.1 million, and smaller contributions came from Morgan Stanley’s MSBT ($13.2 million), Vaneck’s HODL ($9 million), and Bitwise’s BITB ($5.1 million). However, outflows persisted: Grayscale’s GBTC lost $108.2 million, Fidelity’s FBTC saw $93.4 million exit, and Ark & 21Shares’ ARKB shed $15.3 million.
Daily flows for Bitcoin ETFs were uneven: Monday added $265.69 million, Tuesday $21.44 million, then Wednesday saw $84.86 million in outflows and Thursday $95.30 million. Friday’s $90.44 million inflow helped seal the weekly reversal. Sosovalue noted that the inflows represented about 0.26% of Bitcoin ETF assets, based on $77.42 billion in week-end AUM—enough to end the outflow streak but still short of a strong allocation cycle.
Ether ETFs followed a steadier path, adding $20.66 million on Monday, $26.93 million on Tuesday, and $70.48 million on Wednesday. Thursday saw a $52.08 million outflow, but Friday’s $18.43 million inflow secured a positive weekly close. Ether ETF inflows, relative to total assets of about $9.59 billion, represented roughly 0.88%—more than three times Bitcoin’s flow intensity. ETH rose to around $1,780, while Bitcoin rebounded to approximately $63,000, suggesting resilient demand near $60,000.
The altcoin ETF market was mixed. Spot HYPE ETFs drew $10.36 million in net inflows despite a Friday outflow of $5.73 million. Solana ETFs posted modest inflows of $930,400, while XRP ETFs recorded $7.18 million in net outflows, mainly from Wednesday’s exit.
The week’s message was cautiously constructive. Bitcoin and Ether ETFs have not fully repaired the damage from two months of selling, but redemption pressure has eased. Going forward, the recovery’s durability will depend on inflation, employment data, and Federal Reserve expectations moving in a supportive direction.