TL;DR:
- US spot Bitcoin ETFs attracted $79.2 million on Thursday, extending their inflow streak to three sessions and lifting the total to about $368 million.
- July flows turned positive after June’s $4.51 billion outflow and May’s $2.4 billion loss, though 2026 flows remain down around $5.4 billion.
- Bitcoin inflows broadened across IBIT, FBTC and BITB, while Ether ETFs lost $28 million and Solana ETFs gained only $1.7 million net on Thursday.
US spot Bitcoin ETFs pulled in $79.2 million on Thursday, extending their buying streak to three consecutive trading sessions and lifting the three-day total to about $368 million. The sequence followed $181 million of inflows on Tuesday and $108 million on Wednesday, giving the category a cleaner recovery signal after recent pressure. Bitcoin briefly pushed above $65,000 during the week before later trading near $62,851, still down about 28% year to date. The ETF bid is returning, but cautiously, as price action remains fragile despite renewed regulated demand.
The latest flow also repairs July’s optics. Spot Bitcoin ETF flows moved back into positive territory for the month after June produced $4.51 billion in net outflows and May saw $2.4 billion leave the products. Cumulative net inflows now stand near $51.2 billion, while total assets under management reached $77.7 billion. Still, U.S. spot Bitcoin ETFs remain down around $5.4 billion in net flows for 2026. The rebound is meaningful but incomplete, because three strong days do not fully erase two difficult months.
Bitcoin funds offset Ether weakness as demand broadens
Thursday’s session showed a healthier distribution among issuers. Bitcoin funds recorded $79.1 million in net inflows, led by BlackRock’s IBIT with $33.4 million, Fidelity’s FBTC with $30.7 million and Bitwise’s BITB with $15 million. Other Bitcoin products were flat, including ARKB, BTCO, EZBC, BRRR, HODL, BTCW, MSBT, GBTC and Grayscale’s BTC product. The important shift is broader participation, since Fidelity and Bitwise together contributed more than half of the day’s Bitcoin ETF inflow, reducing dependence on one dominant issuer.
The wider crypto ETF picture was more mixed. Ether ETFs recorded $28 million in net outflows on Thursday after two positive sessions earlier in the week, while Solana ETFs added $1.7 million. Across Bitcoin, Ether and Solana products, net inflows totaled $52.8 million for the session. Ether’s reversal was led by outflows from FETH, ETHE and Grayscale’s ETH product, with ETHW the only positive Ether fund. Institutional demand is not moving uniformly across assets, and that makes the next test clear: whether Bitcoin’s multi-issuer buying streak continues while Ether’s outflow proves temporary rather than renewed weakness. The split matters because ETF flows now function as a real-time proxy for regulated appetite, not merely a side statistic, especially when spot prices are struggling to convert inflows into durable upside this week.
