Bitcoin and Ether ETFs Post Inflows as Markets Rally Up to 5%
In brief
- Bitcoin ETFs took in $181 million Tuesday, reversing $425 million outflow from prior day.
- BlackRock's IBIT led with $139 million; Fidelity's FBTC added $21 million in bitcoin inflows.
- Ether ETF assets crossed $10 billion as BlackRock's ETHA captured entire $58 million net inflow.
- Bitcoin ETF assets climbed to roughly $78 billion from $75 billion day prior.
- July flows remain volatile with alternating inflows and outflows nearly every session.
Bitcoin ETF Flows Reverse
The rebound marked a sharp pivot from Monday's redemptions. BlackRock's IBIT pulled in roughly $139 million, driving almost all of the day's bitcoin inflows. Fidelity's FBTC added about $21 million. Crucially, no bitcoin fund lost money on the day—a sign of broad institutional appetite after the prior session's selloff.
Total bitcoin ETF assets climbed back to roughly $78 billion from about $75 billion, recapturing losses in a single session. Bitcoin ETFs rose close to 4% on the day, reflecting broader strength across major crypto assets.
Ether Funds Hit New Milestone
Ether ETFs delivered more dramatic moves. Ether funds rose about 6%—the strongest single-session move in weeks. BlackRock's ETHA accounted for the entire net ether ETF inflow figure at about $58 million, while every other ether fund was flat.
The momentum pushed ether ETF assets across $10 billion—a fresh milestone for the newer product category. The move underscores growing institutional interest in ethereum exposure through regulated vehicles.
July Volatility Persists
The rebound offered only temporary relief from July's choppy pattern. July's flows have been choppy rather than directional, with bitcoin ETFs swinging between inflows and outflows nearly every other session this month. July 13's $425 million redemption was the largest bitcoin ETF outflow of the month. Tuesday's rebound became the second largest bitcoin ETF inflow.
Neither side has held for more than three days, reflecting the uncertainty gripping crypto markets. Until flows stabilize, expect the see-saw to continue.
Frequently asked questions
Why did Bitcoin ETFs swing so much in July?
July's flows have been choppy rather than directional, with Bitcoin ETFs swinging between inflows and outflows nearly every other session. Neither side has held for more than three days, reflecting broader market uncertainty in crypto.
Which Bitcoin ETF pulled in the most money on Tuesday?
BlackRock's IBIT pulled in roughly $139 million on Tuesday, driving almost all of the day's bitcoin inflows. Fidelity's FBTC added about $21 million, and no bitcoin fund lost money on the day.
