Spot Bitcoin ETFs garnered nearly 200 million dollars of net inflows last week, ending eight consecutive weeks of withdrawals. Bitcoin crosses the 64,000-dollar mark, driven by this renewed i
Spot Bitcoin ETFs garnered nearly 200 million dollars of net inflows last week, ending eight consecutive weeks of withdrawals. Bitcoin crosses the 64,000-dollar mark, driven by this renewed institutional appetite. Is the negative streak finally coming to an end?
The trading week ended July 4 shows about 200 million dollars of net inflows for the US Bitcoin ETFs, their first positive week in two months. This rebound comes after eight weeks of cumulative withdrawals exceeding 8 billion dollars.
Secure your cryptos with TrezorThis link uses an affiliate program.Monday concentrates most of the movement, with 265.69 million dollars of inflows in one session, completed by 21.44 million the following day. Wednesday and Thursday slide back into the red, before Friday closes the week with 90.44 million dollars of inflows.
The deterioration started the week of May 15, with net flows near one billion dollars, then worsened over three consecutive weeks of withdrawals counted in billions. The last full week of June marked the low point, with 1.79 billion dollars of outflows, the worst weekly figure since February 2025.
Ethereum ETFs also recorded eight weeks of net withdrawals, a movement that reduced the cumulative flow balance from 12.09 to 10.89 billion dollars. Last week changes the picture, with 84.42 million dollars of net inflows, the highest since the week of April 24.
Among the last seven sessions, only one day ended in the red: 52.08 million dollars withdrawn on July 9. The rest of the week accumulates progressive gains, from 18.43 to 70.48 million dollars depending on the day.
The price of Ether accompanies this renewed appetite and tests the 1,800-dollar resistance after a weekly leap of 2.7%. Bitcoin, on its side, gains more than 3% over the week and moves back above 64,000 dollars.
Cointribune already mentioned this tremor in its analysis on July 9, where analyst James Butterfill from CoinShares mentioned a possible bottom after eight weeks of outflows. The observation aligns with the figures seen this week on Bitcoin and Ethereum funds.
Caution remains however, since the average acquisition cost of ETF holders is around 83,800 dollars, well above the current price. This gap fuels a psychological resistance that could slow a massive return of capital.
In sum, the ETF flow reversal gives some breathing room to a market weakened by two months of withdrawals. Three elements will determine what happens next: the trajectory of Fed rates, the evolution of geopolitical tensions in the Middle East, and the ability of prices to close the gap with the average entry cost of institutional investors. For now, crypto ETFs are catching their breath, without yet reversing the underlying trend.
