The post Bitcoin ETFs Inflows Signal Shift After Historic Outflow Streak appeared on BitcoinEthereumNews.com.
After eight weeks of relentless selling, Bitcoin ETFs are showing the first credible signs of a reversal. The products pulled in roughly $510 million in net inflows over just three consecutive days — a sharp pivot from what James Butterfill, Head of Research at 21Shares, called the “largest run of outflows we’ve ever seen.” Key takeaways Bitcoin ETFs recorded approximately $510 million in net inflows over three consecutive days, ending a brutal eight-week outflow streak. The cumulative bleed over that period reached $8 billion, with year-to-date outflows deepening to $2.8 billion. Bitcoin traded near $62,000, up 4% on the week, after touching a low of $58,000 earlier in the month. According to Glassnode, the average Bitcoin ETF buyer entered at around $83,800, meaning most holders remain underwater. Whales sold more than $40 billion worth of Bitcoin since last year’s peak, thou
The post Bitcoin ETFs Log Third Straight Day of Inflows Led by BlackRock’s $54.8M IBIT appeared on BitcoinEthereumNews.com.
Bitcoin News US spot Bitcoin (BTC) exchange-traded funds extended their recovery for a third consecutive trading day, with the product category posting $21.44 million in net inflows. The rebound was carried almost entirely by BlackRock’s IBIT, which absorbed $54.8 million on the session and single-handedly offset redemptions elsewhere in the complex. It marks the most durable stretch of positive flows for the Bitcoin fund category since a punishing June selloff, and it arrives while spot price sits near the $62,000 area. On-chain and flow data we track show the turn is real but still fragile, not yet a confirmed demand reversal. The three-day run followed a broader two-session snapback in which US spot Bitcoin ETFs pulled in roughly $500 million combined, ending a multi-week bleed. The official flow data records $221.72 million of net inflows on July 2 and $265.69
Stabilization in Bitcoin ETFs could signal renewed investor confidence, potentially influencing broader cryptocurrency market dynamics.
The post Bitcoin ETFs show signs of stabilization after $8B outflows appeared first on Crypto Briefing.
The post Blackrock’s IBIT Lifts Bitcoin ETFs With $54.8 Million as Inflows Reach Day 3 appeared on BitcoinEthereumNews.com.
Key Takeaways Bitcoin ETFs added $21.44M, extending inflows to 3 straight sessions led by Blackrock IBIT. Ether ETFs gained $26.93M, while HYPE and solana also attracted fresh investor demand. XRP ETFs were inactive as July’s recovery hinges on sustained multi-day ETF inflows. Ether ETFs Extend 4-Day Inflow Run as Blackrock’s ETHA Adds $26.9 Million The rebound did not roar. It held. After weeks of bruising redemptions, crypto ETFs continued to draw capital for another session, even if the pace slowed from Monday’s stronger start. Bitcoin and ether remained the center of attention, with both categories extending their inflow streaks. Altcoin demand also stayed firm, led by HYPE and solana products. Bitcoin and Ether Keep the Recovery Alive Bitcoin ETFs posted $21.44 million in net inflows, marking their third consecutive day in positive territory. Blackrock’s IBIT
Crypto exchange-traded fund (ETF) flows stayed positive on Tuesday, July 7, as bitcoin ETFs recorded a third straight day of inflows and ether ETFs stretched their winning run to four sessions. Ether ETFs Extend 4-Day Inflow Run as Blackrock’s ETHA Adds $26.9 Million The rebound did not roar. It held. After weeks of bruising redemptions, […]
The post Bitcoin ETFs ‘Turning a Corner’ After Record Bleed Hits $8 Billion appeared on BitcoinEthereumNews.com.
In brief Bitcoin ETFs have generated $510 million in net inflows over the past three days. Sentiment could be turning a corner, according to 21Shares’ James Butterfill. The products have bled roughly $8 billion over the course of eight weeks. Wall Street’s favorite crypto vehicles have notched net inflows for three consecutive days, reversing a record slump as investors cautiously wade back into Bitcoin. Exchange-traded funds tied to the digital asset have pulled in roughly $510 million since Friday, marking a shift in momentum from the “largest run of outflows we’ve ever seen,” James Butterfill, head of research at asset manager 21Shares, told Decrypt. “It looks like sentiment might be turning a corner,” he said. “They are the largest inflows we’ve seen since the outflows began in early May, suggesting we’re maybe through the worst of it.” Despite their overwhelming popular
The post One Vanguard job posting could decide how crypto reaches 50 million investors appeared on BitcoinEthereumNews.com.
Vanguard posted a Head of Digital Assets, Personal Wealth role on July 6, with openings in Dallas, Scottsdale, Charlotte, and Malvern. The posting asks the incoming executive to lead digital assets strategy, build a multi-year roadmap, and run enterprise execution across Vanguard’s wealth business. Two years earlier, the same firm refused to list spot Bitcoin ETFs and pulled Bitcoin futures products from its brokerage platform once the SEC approved the category in January 2024. Related Reading Vanguard CEO says Bitcoin ETFs do not ‘belong in a long-term portfolio’ CEO Tim Buckley said that Bitcoin ETFs do not belong at Vanguard, largely due to the associated price volatility. Mar 15, 2024 · Mike Dalton That shift lands inside the world’s second-largest asset manager, which said it oversaw about $12 trillion in assets and served over 50 million investors as of Dece
The recent inflows into US spot Bitcoin ETFs suggest a potential shift in investor sentiment, highlighting evolving dynamics in crypto investments.
The post US spot Bitcoin ETFs see third consecutive day of net inflows, breaking weeks-long drought appeared first on Crypto Briefing.
