Bitcoin ETFs draw $197M, snap 8-week outflow streak
US-listed spot Bitcoin ETFs recorded a net inflow of $197.4 million for the week ending Friday, ending an eight‑week streak of outflows. The inflow was driven primarily by BlackRock’s iShares Bitcoin Trust, while other funds such as Grayscale and Fidelity saw withdrawals. Analysts note the reversal may signal a tentative recovery in institutional demand but caution that broader market conditions remain uncertain.
- ▪Spot Bitcoin ETFs saw a $197.4 million net inflow, snapping an eight‑week outflow streak that began in May.
- ▪BlackRock’s iShares Bitcoin Trust contributed $291.9 million of the inflow, offset by outflows from Grayscale, Fidelity, and ARK funds.
- ▪Since May 11, investors have withdrawn a total of $8.26 billion from spot Bitcoin ETFs.
- ▪US spot Ether ETFs also broke their eight‑week outflow streak with $84.42 million of net inflows, led by BlackRock and Fidelity.
- ▪Analysts such as Markus Thielen and Jamie Coutts suggest the market may be moving toward the later stages of a bear cycle, though further downside risk is noted by others like Russell Thompson.
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Written by Cointelegraphstaff writerReviewed by Felix Ngstaff editorWritten by Cointelegraphstaff writerReviewed by Felix Ngstaff editorBitcoin ETFs draw $197M, snap 8-week outflow streakLatest NewsPublishedJul 13, 2026Analysts are not yet ready to call it a recovery in institutional demand for Bitcoin. US-listed spot Bitcoin exchange-traded funds recorded a net inflow of $197.4 million in the week ended Friday, snapping an eight-week streak of weekly outflows dating back to May.Data from Farside Investors shows that most of the week’s gains came from the BlackRock iShares Bitcoin Trust ETF, which recorded $291.9 million in inflows. This was offset by outflows from the Grayscale Bitcoin Trust ETF, the Fidelity Wise Origin Bitcoin Fund and the ARK 21 Shares Bitcoin ETF.
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