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Bitcoin and Ethereum ETFs attracted capital inflows on Monday.

CoinNetwork
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CoinWorld News: On Monday, U.S. spot Bitcoin ETFs attracted $265.69 million in inflows, the largest single-day inflow in over a month, and the second inflow in three days after breaking a consecutive outflow streak on July 2. Ethereum ETFs added $20.66 million on the same day, with BlackRock's ETHE contributing $23.29 million. BlackRock's IBIT absorbed $209.40 million of the total Bitcoin amount, ARKB took in $32.98 million, and Grayscale's Mini BTC fund added $42.25 million. GBTC was the only one to see outflows, decreasing by $44.45 million. Despite the improvement in single-day inflows, spot Bitcoin ETFs still had a net outflow of $526.6 million for the week, marking the eighth consecutive week of negative inflows. Ethereum ETFs saw outflows of $13.7 million this week. Total assets in Bitcoin ETFs rebounded from $70.95 billion on June 30 to $77.32 billion, benefiting from price recovery and capital return. Bitcoin was trading near $63,200 at the time of data release.
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NftsOutsideTheTidalLine
· 4h ago
ETH ETF weekly outflows, funds still prefer to bet on the BTC narrative.
View OriginalReply0
GateUser-2d7346e0
· 4h ago
GBTC is still bleeding, the pressure on the old-school institutions is indeed great.
View OriginalReply0
GateUser-4cc35c5c
· 4h ago
At this level of 63k, ETFs continue to increase their holdings. The positioning and distribution of chips are gradually improving—just waiting for a catalyst.
View OriginalReply0
SlippageSigh
· 4h ago
Mini BTC growth has exceeded expectations, and Grayscale’s latest product iteration seems to have stemmed the bleeding.
View OriginalReply0
Neon-LitStreetsAfterTheRain
· 4h ago
IBIT alone absorbed over 200 million, BlackRock's channel capabilities are truly leading by a wide margin.
View OriginalReply0

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