US spot Bitcoin ETFs recorded net inflows for a second straight week, reversing an eight-week outflow streak. The funds drew $273 million over the two-week period ending July 17. Bitcoin's price has stabilized near $64,000 to $65,000.
Data from SoSoValue showed inflows of $75.67 million in the week of July 13 through July 17. The prior week brought $197.40 million, for a combined $273 million.
This marked a shift after eight weeks of outflows that exceeded $8 billion. The recent inflows represent only about 3 percent of the capital withdrawn earlier.
BlackRock’s iShares Bitcoin Trust accounted for most of the latest week's total with roughly $204 million. Other funds saw mixed results, including outflows from Fidelity’s Wise Origin Bitcoin Fund.
Analysts noted the scale remains limited and concentrated. They said sustained broader demand would be needed to confirm any lasting recovery in institutional interest.