Finally. $221 million flow into Bitcoin ETFs, ending a painful 10-day outflow streak
CoinDesk 2026-07-03 05:54:51
Context: U.S.-listed Bitcoin ETFs saw a significant influx of $221.7 million on Thursday, marking their largest daily intake in two months and ending a 10-day streak of outflows. This rebound comes after a challenging period where investors pulled $2.73 billion from the funds, contributing to a year-to-date net outflow of about $5.4 billion. The recent inflow helped validate Bitcoin's rebound to around $61,700.
Key Facts
- U.S.-listed Bitcoin ETFs saw $221.7 million in inflows on Thursday, their largest daily intake in two months, according to SoSoValue.
- Fidelity's FBTC led with nearly $166 million in new money, specifically $165.96 million, while ARKB followed at $91.84 million and HODL at $4.35 million.
- BlackRock's IBIT, the world's largest Bitcoin ETF, recorded a $40.43 million outflow, making it an outlier among the ETFs that saw inflows.
- The cumulative inflow ends a 10-day outflow streak that saw investors pull $2.73 billion from the funds, a significant amount that had contributed to the year-to-date net outflows.
- Despite the one-day rebound, year-to-date net outflows remain steep at about $5.4 billion, indicating a sustained inflow trend is needed to confirm a lasting Bitcoin recovery.