US spot Bitcoin ETFs swing to $424.7 million outflow after brief rebound

Bitcoin ETFs added 2,648 BTC on July 15 while Ethereum ETFs drew 31,300 ETH, but Bitcoin products still showed a 7-day net outflow even as Ethereum funds stayed in positive territory.

BTC

ETH

43d ago

Fact Check

Both specific figures in the claim are independently confirmed. The CoinMarketCap article states US spot Bitcoin ETFs recorded exactly $197.4M in net inflows for the week ending July 10, snapping an 8-week outflow streak, and spot Ethereum ETFs recorded $84.42M. Cryptonews.net corroborates $197.4M Bitcoin and $84.4M Ethereum. KuCoin and multiple other outlets (WuBlockchain, SoSoValue, Pluang) confirm the $84.42M Ethereum figure and $197.4M Bitcoin figure for the same July 6-10 week. The exact matching of both distinctive numbers and the eight-week streak detail across independent sources makes the claim highly credible.

Summary

US-listed spot Bitcoin ETFs briefly rebounded with $197.4 million in net inflows for the seven days ending July 10, ending an eight-week outflow streak, before reversing into a $424.7 million outflow that erased the prior week’s gains. Another update for July 15 showed Bitcoin ETFs recorded a net daily inflow of 2,648 BTC worth $172 million, while still posting a 7-day net outflow of 5,716 BTC worth $372 million. Spot Ethereum ETFs also attracted fresh demand, with a net daily inflow of 31,300 ETH worth $60.08 million and a 7-day net inflow of 45,200 ETH worth $86.8 million. The latest figures add to evidence of uneven institutional positioning after weeks of withdrawals, with Bitcoin fund flows still negative on a rolling weekly basis even as Ethereum products remained in positive territory.

Terms & Concepts

spot Bitcoin ETF: An exchange-traded fund that holds Bitcoin directly rather than using derivatives.
net inflow: The amount added to a fund after subtracting withdrawals over a given period.
spot Ethereum ETF: An exchange-traded fund that holds Ethereum directly rather than using derivatives.