Bitcoin and Ethereum ETFs see $239M inflows, ending 8-week outflow streak amid easing inflation fears
On July 14, Bitcoin and Ethereum spot ETFs attracted a combined $239.42 million in net inflows, breaking an eight-week streak of outflows that saw over $8 billion leave Bitcoin ETFs since May. The inflows were driven mainly by Bitcoin ETFs, with Ethereum ETFs also contributing significantly. This reversal coincides with cooler inflation data in mid-July, which eased concerns about aggressive Federal Reserve rate hikes and made crypto assets more appealing to institutional investors. While this inflow signals renewed institutional interest, analysts caution that the macroeconomic environment remains uncertain, and outflows could resume if inflation or Fed policy shifts unfavorably.
On July 14, Bitcoin and Ethereum spot ETFs attracted a combined $239.42 million in net inflows, breaking an eight-week streak of outflows that saw over $8 billion leave Bitcoin ETFs since May. The inflows were driven mainly by Bitcoin ETFs, with Ethereum ETFs also contributing significantly. This reversal coincides with cooler inflation data in mid-July, which eased concerns about aggressive Federal Reserve rate hikes and made crypto assets more appealing to institutional investors. While this inflow signals renewed institutional interest, analysts caution that the macroeconomic environment remains uncertain, and outflows could resume if inflation or Fed policy shifts unfavorably.
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