Crypto ETFs: Bitcoin ETFs Hit $108M Inflow, Led by BlackRock’s IBIT

According to SoSoValue, U.S. spot Bitcoin ETFs recorded $107.80 million in net inflows on July 15, while spot Ethereum ETFs added $53.83 million.

It’s a modest number by this market’s standards, but it extends a two-day recovery after the $424.66 million outflow that hit Bitcoin funds on July 13.

BlackRock’s IBIT Does Most of the Work

The July 15 session was narrow. Only three Bitcoin funds saw any activity at all. BlackRock’s IBIT accounted for $80.82 million of the day’s total, roughly 75% of all net inflows.

Fidelity’s FBTC brought in $16.94 million, and Grayscale’s BTC Mini Trust added $10.05 million. Every other fund on the board, including Bitwise’s BITB, ARK‘s ARKB, and VanEck’s HODL, sat flat at zero.

That concentration is the story here. IBIT now holds $60.32 billion in cumulative net inflows, more than six times Fidelity’s $9.94 billion in second place.

Grayscale’s converted GBTC remains the outlier, with negative cumulative flows of $27.33 billion, a drag it has carried since the product’s launch.

Crypto ETFs Are Still Digging Out of a Rough Stretch

Zoom out and the picture gets less cheerful. The current week is running at negative $135.77 million for Bitcoin funds, and the weekly history shows how choppy the past six weeks have been.

The week ending June 26 saw $1.79 billion leave Bitcoin funds. The week of June 5 was worse at $1.72 billion out.

Between those two, redemptions of $226.84 million and $315.84 million kept the pressure on. The week ending July 10 broke the pattern with $197.40 million in net inflows, the only fully green week since early June.

Cumulative net inflows for Bitcoin funds now total $51.14 billion. That figure peaked near $53.94 billion in early June, so the products have given back close to $2.8 billion over six weeks.

Ethereum Funds Quietly Outperform

Spot Ethereum ETFs have had a steadier July than their Bitcoin counterparts. The $53.83 million inflow on July 15 followed $58.34 million on July 14, and eight of the last ten sessions have been positive. BlackRock’s ETHA led again with $45.29 million.

The weekly numbers back this up. Ethereum funds are running at positive $96.76 million for the current week after taking in $84.42 million the week before.

Cumulative net inflows for Ethereum products hit $11.07 billion, a new high for the group. Total net assets reached $10.40 billion, up from $8.56 billion at the start of the month. That’s a 21% jump in two weeks, helped along by both inflows and price.

Ethereum funds did suffer through June, with weekly outflows of $273.34 million in the week ending June 26. But they turned positive faster than Bitcoin funds and have stayed that way.

What Crypto ETFs Tell Us Right Now

The flows point to a market that’s cautious, not fearful. Bitcoin funds are seeing small, concentrated buying rather than broad participation.

When one issuer supplies three quarters of the day’s inflows, and ten funds record nothing, that’s institutional money trickling in, not retail piling on.

The Ethereum side looks healthier on a relative basis. Consistent daily inflows, record cumulative totals, and growing assets suggest allocators are adding ETH exposure while they wait on Bitcoin.

This article is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency markets and exchange-traded funds remain subject to market risk. Readers should conduct their own research before making investment decisions.

The next several trading sessions will indicate whether Bitcoin ETFs can sustain the recent recovery in investor demand. Ethereum ETFs, meanwhile, continue to post steadier inflows, suggesting stronger relative momentum over recent weeks.