July 23, 2026
The demand for spot Bitcoin Exchange-traded funds (ETFs), listed on US stock exchanges, have gained strength, especially now that the price of Bitcoin is showing an upward trend. Constant inflows have been observed since mid-April, indicating growing confidence within the market.
On Wednesday, spot Bitcoin ETFs registered an inflow of $335,8 million, marking seven consecutive days of positive inflows, according to data from Farside. During this period, a total of approximately $1,9 billion in new investments has flowed in, comfortably surpassing the previous streak of seven consecutive days in March, which accounted for $1,2 billion.
According to data from Wallet Pilot, Bitcoin ETFs collectively manage about 1,3 million Bitcoin, with an estimated value of approximately $103 billion. These sustained inflows of capital are layered with a rising BTC price; over the past 30 days, Bitcoin has risen by as much as 11%, with the price temporarily rising above $79.000, a level reached for the first time since late January, according to CoinGecko.
Of the $1,9 billion in inflows during this recent period, more than 73% comes from BlackRock's iShares Bitcoin Trust ETF (IBIT), accounting for $1,4 billion. This fund alone holds 809.870 Bitcoin, representing 62% of the total assets under management in US spot Bitcoin ETFs.
Moreover, the Morgan Stanley Bitcoin Trust (MSBT) contributed significantly to the positive trend with an inflow of $95 million within the total series. Notably, this fund has not seen a single day of net outflows, with a total inflow of $163 million since its launch on April 8.
However, several funds have suffered losses within the past seven trading days. The Grayscale Bitcoin Trust ETF (GBTC) suffered the heaviest losses, with net outflows of approximately $100 million.
The adoption of Ether (ETH), the second-largest crypto asset by market capitalization, is also increasing within US spot ETFs. These funds showed an inflow of $633,6 million over a ten-day period, according to Farside. Last week, broader ETH investment products experienced their strongest week since January, with year-to-date inflows finally turning positive, according to CoinShares.
This recovering movement in the spot markets coincides with a rise in the Crypto Fear & Greed Index, which has risen to 46 for the first time since late January. Nevertheless, the index remains in “fear” territory, as Bitcoin has dropped in value by approximately 11% so far compared to the beginning of the year.
What are the main reasons behind the recent inflows into Bitcoin ETFs?
The rising demand for Bitcoin as a major digital asset, combined with a price recovery, is attracting investors. Additionally, the dominance of established funds such as BlackRock plays a crucial role in exciting other investors.
How does Bitcoin's performance compare to the general market?
Despite the recent price increase, the general market situation is even more uncertain. Bitcoin is still down approximately 11% compared to the beginning of the year, indicating the continuing volatility within the crypto market.
What does this trend mean for the future of crypto investments?
The increased inflow into Bitcoin ETFs could be heraldicament for greater acceptance and integration of cryptocurrencies within traditional financial markets, which in turn can lead to greater stability and investor confidence.
Bitcoin (BTC)
Ethereum (ETH)
XRP (XRP)
