Blackrock and Vaneck Lead $90 Million Bitcoin ETF Inflow as Funds Notch First Green Week Since May

CN
50 minutes ago

Key Takeaways

  • Blackrock’s IBIT absorbed $86.83M of the $90.44M entering US spot bitcoin ETFs on July 10.
  • Ether ETFs added $18.43M the same day, extending a recovery from June’s record $4B monthly outflow.
  • Lifetime bitcoin ETF inflows stand near $51.3B, and traders are watching whether momentum holds next week.

U.S. spot bitcoin ETFs recorded $90.44 million in combined net inflows on Friday, July 10, while spot ether ETFs pulled in $18.43 million. The twin readings capped a tumultous stretch of trading and handed the bitcoin funds their first green week since May.

Blackrock’s iShares Bitcoin Trust (IBIT) did the heavy lifting, drawing $86.83 million of the day’s total, while Vaneck’s HODL fund added $3.61 million. On the ether side, Blackrock’s ETHA and Fidelity’s FETH remain the category’s dominant products.

US spot ETF data for the week ending on July 10

US spot ETF data for the week ending July 10, per Sosovalue

The week opened strong, with $265.69 million flowing into bitcoin funds on July 6, behind a $209.40 million haul for IBIT. The mood then reversed as bitcoin ETFs shed $84.9 million on July 8 even as ether products drew $70.5 million for a fifth straight positive day. July 9 was worse still, pairing a $95.30 million bitcoin exit with a $52.08 million ether outflow that snapped that streak. Friday’s rebound flipped the weekly tally back into positive territory.

Both bitcoin and ether products finished the day in the green, a pattern flow-watchers read as re-engagement with crypto as an asset class rather than a bitcoin-only bounce.

The month of June saw roughly $4 billion leave U.S. spot bitcoin ETFs, the largest monthly withdrawal since the products launched in January 2024. That period included a 10-day outflow streak totaling $2.73 billion, which ended in early July when a $222 million rebound led by Fidelity’s FBTC broke the run.

Even after the bleeding, cumulative net inflows since launch stand near $51.3 billion, showing just how much capital remains committed to the structure. The funds’ assets have become a key barometer of institutional appetite for bitcoin exposure through traditional brokerage accounts.

Price action has followed the flows with bitcoin currently changing hands near $64,100, up 1.39% over 24 hours, as the total market capitalization of the crypto industry has climbed to $2.28 trillion. The rebound has retraced part of the slide from October 2025, when bitcoin peaked around $126,000 before falling by roughly half.

The next test arrives Monday, when fresh flow data will show whether the tiptoe back becomes a stride. A second consecutive green week would strengthen the case that June marked the bottom for institutional sentiment.

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