Cold open on Wall Street: after two months of bleed, money came back.


Wall Street reopened its bid for crypto this week. After eight weeks of heavy outflow that drained $9.4 billion from US spot funds, July 14-18 flipped the tape. BlackRock iShares Bitcoin Trust logged $33.4 million on July 16 alone, pushing three green days in a row for Bitcoin funds with $79.1 million added. Ethereum told a similar story, with $84.4 million net new cash July 7-11, almost all via BlackRock ETHA.

Price followed flow. Bitcoin reclaimed $65,000, its best print since early June. Ethereum outperformed, up over 10% on the week to trade near $1,923. Traders view this as a pure liquidity play: when BlackRock desks buy, market depth improves and short sellers pull back.

For active traders, level watch is clear. $63,800 held as base, $65,800 is near-term roof. Hold above roof with volume could open $68k. Lose base and $60k comes quick. Risk control stays tight while oil and Middle East headlines keep volatility high.

Strategy take: follow the large buyer, fade retail hype. Inflow led by one issuer is strong but fragile. If BlackRock flow pauses, the bid can vanish in a day. Keep size modest, use spot for core and calls for upside.

#ETFlowRebound
BLK-1.32%
IBIT-0.08%
BTC1.22%
ETH1.30%
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· 30m ago
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2026 GOGOGO 👊
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DYOR 🤓
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LFG 🔥
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