- Spot Bitcoin ETFs snapped a 10-day outflow streak with $221.72 million in fresh inflows.
- Ethereum ETFs also attracted new capital late in the week, although both asset classes still finished with net weekly losses.
- Despite the improvement, Bitcoin and Ethereum ETF products remain stuck in multi-week negative trends.
The latest trading week finally gave Bitcoin ETF investors something to cheer about, even if it wasn’t enough to erase weeks of heavy selling pressure.
After days of relentless outflows, U.S. spot Bitcoin ETFs ended the shortened trading week with a strong rebound, attracting fresh capital on Thursday. It marked the first meaningful shift in sentiment in nearly two weeks and hinted that institutional buyers may be slowly stepping back into the market.
Still, the broader picture hasn’t changed just yet. Both Bitcoin and Ethereum ETF products finished the week with net outflows, extending their bearish streaks.
Bitcoin ETFs Still Close Lower Despite Late Recovery
There’s no avoiding the headline number. Spot Bitcoin ETFs recorded a combined $526.64 million in net outflowsover the four-day trading week, showing that sellers continued to dominate overall.
That also means Bitcoin ETFs have now gone almost two months without posting a positive weekly flow, highlighting just how cautious institutional investors have become.
Over that stretch, cumulative net inflows have dropped sharply, falling from roughly $59.34 billion to $51.08 billion.
The biggest wave of selling arrived on July 1, when investors pulled $294.62 million from the funds. Before that, another $222.64 million exited on June 30, followed by $231.10 million on June 29. It was a rough start to the week, and sentiment looked increasingly fragile.
Then things changed.
On July 2, Bitcoin ETFs finally broke a 10-session losing streak, bringing in $221.72 million in net inflows. Not only did the positive flows snap the prolonged run of withdrawals, they also marked the largest single-day inflow since May 5.
Because U.S. markets were closed on July 4 for Independence Day, Thursday’s strong performance became the final trading result of the week, leaving investors with a far more optimistic finish than many expected.
Ethereum ETFs Show Signs of Stabilizing
Ethereum ETFs followed a similar path, although their recovery was slightly more balanced.
The funds began the week with modest withdrawals, losing $30.04 million on June 29 before another $27.60 million flowed out the following day.
But by midweek, buyers started returning.
Ethereum ETFs attracted $14.89 million on Wednesday, followed by another $29.08 million on Thursday, one of their strongest daily performances in nearly a month.
Even so, the gains couldn’t fully offset the earlier selling.
The funds ultimately closed the week with $13.67 million in net outflows, extending Ethereum ETFs’ negative run to eight consecutive weeks.
Cumulative net inflows have also continued to shrink, declining from approximately $12.09 billion in early May to $10.89 billion by Thursday’s close.
A Better Week, But the Trend Hasn’t Changed Yet
While both Bitcoin and Ethereum ETFs remain in prolonged weekly downtrends, the sharp improvement in daily flows toward the end of the week offers at least a small reason for optimism.
Bitcoin’s strongest inflow in nearly two months suggests institutional appetite hasn’t disappeared—it may simply be waiting for stronger market conviction before returning in size.
Ethereum’s recovery also paints a more encouraging picture. Although the products remained in negative territory overall, the weekly loss was dramatically smaller than the $273.34 million withdrawn during the previous week.
Whether these late-week inflows signal the beginning of a broader reversal or merely a temporary pause in selling remains to be seen. For now, investors will likely be watching next week’s ETF data very closely.
