Spot Bitcoin ETFs post $197M weekly inflow, snapping an eight-week streak of net outflows
AI Market Summary
US spot Bitcoin ETFs posted a $197M weekly net inflow, snapping an eight-week net outflow streak, signaling renewed institutional demand. BlackRock's IBIT led with $292M inflows, while GBTC still saw a large $1.08B outflow, highlighting ongoing fee-driven rotation. Total spot ETF NAV stands at $77.42B (~6.05% of BTC market cap), reinforcing ETFs as a key marginal flow driver.
Impact level
● High
Affected assets
BTC/USDT-1.38%
AI Insight · BTC/USDTAI Insight
▲ Bullish
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Odaily Planet Daily cited SoSoValue data showing spot Bitcoin ETFs attracted $197 million in net inflows over last week's trading sessions (July 6–July 10, Eastern Time), ending an eight-week run of net redemptions.
BlackRock's iShares Bitcoin Trust (IBIT) led the group with $292 million of net inflows for the week, lifting its cumulative net inflows to $60.29 billion. Grayscale's Bitcoin Mini Trust (BTC) ranked second, drawing $95.08 million and bringing its cumulative net inflows to $2.49 billion.
Grayscale Bitcoin Trust (GBTC) posted the largest net outflow, with $1.08 billion leaving the fund during the week. Its cumulative historical net outflow now totals $27.28 billion.
As of publication, spot Bitcoin ETFs held $77.42 billion in total net asset value. Their net asset ratio—ETF market capitalization as a share of Bitcoin's total market cap—stood at 6.05%, while cumulative net inflows since launch reached $51.28 billion.
