US Bitcoin ETFs post first weekly inflow since May

US spot Bitcoin ETFs recorded their first weekly net inflow since May, ending an eight-week streak of outflows. The gain totaled $197 million. Analysts say the amount remains too small to signal a sustained recovery.

US spot Bitcoin ETFs closed the week with a net inflow of $197 million. This marked their first positive week since May and broke an eight-week outflow streak.

The modest gain comes as Bitcoin prices face pressure in broader risk-asset markets. A big week ahead will likely shape crypto's near-term direction.

Analysts caution that the inflow size does not yet confirm a lasting turnaround. They will watch upcoming flows for clearer signs of recovery.

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Bitcoin ETF inflows illustration showing $273 million in positive flows and stable Bitcoin price at $65,000
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Bitcoin ETFs post second week of inflows totaling $273 million

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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.

US spot Bitcoin ETFs experienced their largest weekly outflow in five months, shedding $1 billion and ending a six-week streak of inflows. The reversal comes as hotter inflation data prompted investors to reassess risk exposure.

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U.S. spot Bitcoin ETFs recorded roughly $222 million in net inflows on Thursday, their biggest daily intake since May. The reversal followed a weak June jobs report that eased some rate-hike concerns and supported a rebound in the cryptocurrency above $62,000.

Digital asset investment products recorded $1.47 billion in outflows last week. Bitcoin funds drove most of the redemptions amid higher interest rate expectations.

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BlackRock’s iShares Bitcoin Trust saw $1.30 billion in outflows during the week of June 22-26. The fund accounted for nearly three-quarters of total US spot Bitcoin ETF exits that period. Bitcoin traded near $60,000 at the time of the data release.

U.S. spot Bitcoin ETFs saw net assets fall to $77.58 billion on June 9, matching levels last seen just after Donald Trump's 2024 election victory. Outflows have accelerated amid inflation concerns and investor shifts toward AI-related assets. The decline occurred despite a favorable regulatory environment for crypto.

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Institutional investors pulled nearly $2.7 billion from spot Bitcoin and Ethereum exchange-traded funds over the past two weeks. The outflows coincided with inflows into newer single-asset funds tracking Hyperliquid’s HYPE token, XRP, and Solana.

 

 

 

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