
U.S.-listed spot Bitcoin ETFs recorded about $33.79 million of net inflows for July 20-24, but roughly $465 million left on July 23-24, led by BlackRock's IBIT, reversing a seven-session inflow streak.
U.S.-listed spot Bitcoin ETFs finished the July 20-24 trading week with about $33.79 million of net inflows, marking a third straight week of gains and the first such streak since early May, but late-week withdrawals showed demand remained fragile. About $225.1 million left on July 23 and $240.08 million on July 24, for roughly $465 million of combined two-day outflows, with BlackRock's IBIT accounting for just under $415 million of the selling. The weekly total was below the prior two weeks' inflows of about $197 million and $75.67 million. Analysts linked the reversal to cautious institutional positioning and broader risk-off pressure tied to renewed U.S.-Iran tensions, oil above $100 and expectations the Federal Reserve could still raise rates later this year, while Bitcoin traded around $65,300 after falling from above $66,500 to below $64,000 during the pullback.