US spot Bitcoin ETFs log $90.44 million July 10 inflow as weekly flows turn positive

U.S. spot Bitcoin ETFs recorded $90.44 million in net inflows on July 10, helping lift weekly Bitcoin ETF flows to about $197 million and ending an eight-week run of redemptions that had drained more than $8 billion from the sector. SoSoValue data for the July 6-10 trading week showed BlackRock’s IBIT led with $292 million of inflows, while Grayscale’s GBTC posted the largest outflow at $108 million. Total net assets stood at $77.42 billion as of publication. Spot Ether ETFs also broke an eight-week outflow streak, finishing the week with $84.42 million in net inflows. Bitcoin rose 3% for the week and moved above $64,000 as traders watched the $65,000 level. Swissblock said the most intense ETF distribution phase of the bear market had ended and that Bitcoin risk was easing from capitulation levels, while Ecoinometrics cautioned that a few positive days of flows had not yet reversed the broader decline in cumulative holdings. Analysts said the latest inflows suggest selling pressure may be easing, but several more weeks of consistent demand would likely be needed to signal that investors are rebuilding exposure rather than briefly pausing withdrawals.