The crypto exchange-traded fund (ETF) market finally found some footing.

After nearly two months of steady withdrawals, U.S. spot bitcoin and ether ETFs returned to weekly inflows from July 6 to July 10, giving investors the clearest sign yet that redemption pressure may be easing. The recovery was not perfect. It was uneven, and some funds still bled capital. But after eight straight weeks of outflows, even a modest turn carried weight.

Spot bitcoin ETFs recorded $197.4 million in net inflows for the week, ending their eight-week outflow streak. Spot ether ETFs followed with $84.42 million in net inflows, also snapping eight consecutive weeks of redemptions.

Bitcoin’s rebound was led by Blackrock’s IBIT, which added $291.9 million for the week. Grayscale’s Bitcoin Mini Trust also drew a strong $95.1 million. Smaller inflows came through Morgan Stanley’s MSBT, which added $13.2 million, Vaneck’s HODL with $9 million, and Bitwise’s BITB with $5.1 million.

Still, the week was not clean. Grayscale’s GBTC lost $108.2 million, while Fidelity’s FBTC saw $93.4 million in outflows. Ark & 21Shares’ ARKB also slipped, losing $15.3 million.

The daily picture showed the recovery building in fits and starts. Bitcoin ETFs added $265.69 million on Monday and $21.44 million on Tuesday, before slipping into outflows of $84.86 million on Wednesday and $95.30 million on Thursday. Friday helped seal the weekly reversal, with $90.44 million in net inflows.

Will bitcoin ETFs end July in the green after 2 months of outflows? Source: Sosovalue

Sosovalue’s weekly update said the pattern showed improved bitcoin ETF demand, though the recovery remains uneven. Weekly inflows represented about 0.26% of bitcoin ETF assets, based on $77.42 billion in week-end AUM. That was enough to end the long outflow streak, but still short of a strong allocation cycle. The firm added that bitcoin’s rebound to around $63,000 suggested demand near the $60,000 area remains resilient, especially after Friday’s inflows showed institutions were still willing to re-enter during pullbacks.

Ether ETFs followed a steadier path. The category added $20.66 million on Monday, $26.93 million on Tuesday, and $70.48 million on Wednesday. Thursday brought a $52.08 million outflow, but Friday’s $18.43 million inflow helped secure a positive weekly close.

Sosovalue said ether’s structure looked stronger than bitcoin’s. Based on week-end AUM of about $9.59 billion, ether ETF inflows represented roughly 0.88% of total assets, more than three times bitcoin’s relative flow intensity. ETH also rose to around $1,780, while total net assets recovered from recent lows.

The altcoin ETF market was more mixed.

Spot HYPE ETFs drew $10.36 million in net inflows for the week, despite ending Friday with a $5.73 million outflow. Earlier demand carried the category higher, including inflows of $8.43 million on Monday, $4.32 million on Tuesday, and $3.33 million on Wednesday.

Spot solana ETFs posted a modest $930,400 in net inflows. XRP ETFs were weaker, recording $7.18 million in net outflows, driven mainly by Wednesday’s $7.29 million exit.

The week’s message was cautiously constructive. Bitcoin and ether ETFs have not fully repaired the damage from two months of selling, but the pressure has eased. Heading into the new week, the recovery’s durability will depend on whether inflation, employment data and Federal Reserve expectations continue to move in a more supportive direction.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。