Bitcoin ETFs see $487M inflows after 10-day $2.7B outflow streak, led by BlackRock and Fidelity.
US spot Bitcoin ETFs attracted $487 million in net inflows over two trading days in early July, ending a 10-day period that saw $2.7 billion withdrawn. This marks the first consecutive positive flow since May 2025, coinciding with Bitcoin's price recovery above $63,800. BlackRock's iShares Bitcoin Trust and Fidelity's Wise Origin Bitcoin Fund led the inflows, highlighting their dominant role in institutional Bitcoin investment. Despite this rebound, the broader trend shows ongoing institutional profit-taking, with $6.35 billion in outflows over the prior 30 days, indicating that Bitcoin is being actively managed as a financial asset rather than held passively.
US spot Bitcoin ETFs attracted $487 million in net inflows over two trading days in early July, ending a 10-day period that saw $2.7 billion withdrawn. This marks the first consecutive positive flow since May 2025, coinciding with Bitcoin's price recovery above $63,800. BlackRock's iShares Bitcoin Trust and Fidelity's Wise Origin Bitcoin Fund led the inflows, highlighting their dominant role in institutional Bitcoin investment. Despite this rebound, the broader trend shows ongoing institutional profit-taking, with $6.35 billion in outflows over the prior 30 days, indicating that Bitcoin is being actively managed as a financial asset rather than held passively.
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