Bitcoin ETF: peak of $221,7 million marks end of outflow

Bitcoin ETFs Recover: $221.7 Million Net Inflow Marks End of Massive Outflow

8 July 2026 on 07: 04

Reading time: 2 minutes

The latest developments regarding US traded at the spot price Bitcoin Exchange-traded funds (ETFs) are noteworthy, especially now that they have recorded their first daily net impact of over $200 million since early May. This marked an end to weeks of sustained outflows in which a total of more than $2.7 billion was lost.

On Thursday, this segment attracted no less than $221.7 million in net influence, according to data from SoSoValue. This recovery followed one of the most difficult periods for US spot Bitcoin ETFs this year, during which a record $4.5 billion in net outflows was recorded in June.

This positive sentiment coincides with Bitcoin's recent return to the $61,000 level, after briefly dropping below $59,000. Among investors, there is an impression that the market may be near a bottom, as pointed out by Matt Hougan, the chief investment officer of Bitwise, among others. On Friday, crypto market sentiment was measured as 'extreme fear', according to Alternative.me's Fear & Greed Index.

Fidelity's Wise Origin Bitcoin Fund (FBTC) was the driving force behind the recent rally with a net inflow of $166 million, accounting for approximately 75% of the total inflows on Thursday, according to data from Farside Investors. The ARK 21Shares Bitcoin ETF (ARKB) followed with $91.8 million in inflows, while the VanEck Bitcoin ETF (HODL) and Valkyrie Bitcoin Fund (BRRR) attracted $4.4 million and $1.7 million, respectively.

At the same time, BlackRock's iShares Bitcoin Trust (IBIT), the largest US asset-based spot Bitcoin ETF, continues its downward trend with $40.4 million in net outflows on Thursday. Since June 17, the fund has lost more than $2.2 billion in a consecutive series of outflows across 11 sessions.

The rebound in ETF inflows is not limited to Bitcoin; altcoin investment products are also showing a positive trend. US Spot Ether ETFs attracted $29.1 million on Thursday, following $14.9 million the day before. Also the XRP ETFs returned to net inflows, with an inflow of $6.6 million after two sessions of outflows.

Global crypto market capitalization rose by 2.4% to $2.22 trillion in the past 24 hours, as Bitcoin is back above $61,000, according to data from CoinGecko.

Frequently Asked Questions

What are the implications of the recent inflows for investors?
The recent net inflow can be seen as an indicator of a recovering market. For investors, this means that there are potentially new opportunities to enter, especially now that Bitcoin has positioned itself above $61,000 and there are indications that the bottom is in sight.

How do the different ETFs compare to each other?
Fidelity's Wise Origin Bitcoin Fund has played a dominant role in the recent inflow, while BlackRock's iShares Bitcoin Trust is currently reporting continued losses. This could have implications for the competitive position of these funds, with Fidelity's solid performance potentially attracting new investors.

What can we expect from crypto market sentiment?
With the persistent 'extreme fear' in the market, sentiment can change rapidly. The recovery of Bitcoin and the positive inflow into both Bitcoin and altcoin ETFs are indications that investors are looking for buying opportunities, which could lead to a stabilization and even recovery of general market sentiment in the near future.

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