Overview
- U.S. spot Bitcoin ETFs recorded roughly $197–$200 million in net inflows for the week ending July 11, ending an eight-week streak that had removed more than $8 billion from the funds.
- Daily inflows on July 10 totaled about $90.44 million, with BlackRock’s IBIT contributing roughly $86.83 million and smaller contributions from other established issuers.
- When combined with ether ETFs, some reports put total weekly net inflows at about $282 million, showing that demand returned across multiple regulated crypto products.
- Bitcoin’s price rose about 3% over the week to trade above $64,000, but many short-term holders remain underwater and could sell into any stronger rally, leaving the recovery fragile.
- Spot ETFs still hold most of their cumulative capital since launch in January 2024, but the market will need several weeks of consistent inflows to erase the impact of the recent large, concentrated redemptions.