U.S. spot Bitcoin ETFs recorded net inflows of $265.7 million on July 6, marking the largest daily total in more than a month. BlackRock's IBIT led with $209.4 million, while Grayscale's GBTC saw an outflow of $44.5 million. Ether ETFs also added $20.7 million the same day.
The inflows reversed recent selling pressure across the Bitcoin ETF complex. Data from SoSoValue showed BlackRock's IBIT as the primary driver, with additional contributions from ARKB at $33 million and Grayscale's mini BTC fund at $42.3 million.
Bitcoin traded near $63,200 following the data release, while total Bitcoin ETF assets rose to $77.32 billion. The daily inflows came after an eighth straight week of net outflows totaling $526.6 million.
Ether ETFs posted $20.66 million in inflows, led by BlackRock's ETHA. The figures indicate a tentative return of institutional demand, though analysts note that broader participation beyond a single fund will be required to sustain the trend.
