On July 20, U.S. spot bitcoin ETFs achieved net inflows of approximately $227 million, marking a notable five-day streak of positive inflows for the first time since late April, according to SoSoValue data. Ether ETFs also benefited, drawing in about $38 million, largely due to the influence of BlackRock's ETHA.
During this five-day period, total inflows reached around $727 million, signaling a significant rebound following a phase of substantial outflows in June. The total assets in bitcoin ETFs have climbed to nearly $79 billion, recovering from a dip of about $75 billion earlier in July. BlackRock's ETHA was the primary contributor to ether inflows, accounting for roughly $34 million.
Bitcoin prices have remained stable around $63,000 after a recent selloff linked to chip shortages. The renewed interest in ETFs has addressed a void that had emerged during a challenging quarter marked by outflows.
