
BlackRock’s IBIT and ETHA helped lift U.S. crypto fund flows, though demand remained uneven and investors are watching inflation, jobs data and Fed expectations.
U.S. spot Bitcoin ETFs took in $197.4 million and spot Ether ETFs added $84.42 million in the week of July 6 to July 10, ending eight straight weeks of net outflows for both categories. Bitcoin inflows were led by BlackRock’s IBIT with $291.9 million and Grayscale’s Bitcoin Mini Trust with $95.1 million, while Grayscale’s GBTC lost $108.2 million and Fidelity’s FBTC shed $93.4 million. The weekly reversal came despite uneven day-to-day trading, with Bitcoin funds swinging between strong inflow sessions and midweek outflows before finishing higher on Friday. Sosovalue said the recovery points to improved demand but remains tentative, with weekly Bitcoin inflows equal to about 0.26% of $77.42 billion in assets under management. Ether ETFs showed stronger relative demand, with inflows equal to roughly 0.88% of about $9.59 billion in assets, and the firm said inflation data, employment figures and Federal Reserve expectations will help determine whether the rebound can continue.