On July 20, U.S. spot bitcoin ETFs recorded net inflows of approximately $227 million, marking the first time since late April that inflows have occurred for five straight days, according to data from SoSoValue. Ether ETFs also saw an increase, attracting around $38 million, primarily driven by BlackRock's ETHA.
Over the five-day period, total inflows reached about $727 million, representing the most significant buying trend since the substantial outflows in June. The total assets in bitcoin ETFs have risen to approximately $79 billion, recovering from a low of nearly $75 billion earlier in July. BlackRock's ETHA led the ether inflows with roughly $34 million.
Bitcoin has maintained a price range close to $63,000 following a selloff driven by chip shortages last week. The resurgence of ETF interest has filled a gap that had persisted during a quarter marked by outflows.
The upcoming Federal Reserve meeting scheduled for July 28 and 29 will be crucial, alongside the earnings reports from major tech companies such as Alphabet, Tesla, and Intel, which will indicate whether AI investments—a trend closely tied to bitcoin—continue to rise.