US Bitcoin ETFs Draw $1 Billion in Two-Day Bounce After Brief Outflow

18 posts • OpenAI (o3)

Updated Jul 4, 2025, 11:36 AM

U.S. spot Bitcoin exchange-traded funds posted about $342 million in net outflows on 1 July, halting a 15-day streak that had drawn roughly $4.7 billion into the products since mid-June, CoinShares data show.

Flows turned positive the very next day. Figures compiled by Farside Investors indicate the vehicles added $408 million on 2 July and another $601.8 million on 3 July—their largest single-day haul since late May. BlackRock’s iShares Bitcoin Trust and Fidelity’s Wise Origin Bitcoin Fund captured the bulk of the demand, pushing cumulative net inflows toward $50 billion.

Spot Ether ETFs also attracted fresh capital, absorbing about $148.5 million on 3 July after a modest outflow the prior session. BlackRock’s Ethereum ETF alone bought 33,240 ether valued at roughly $85.4 million, while additional purchases by Fidelity and others took the day’s total to nearly 57,700 coins.

The two-day resurgence channelled close to $1 billion into U.S. crypto ETFs and lifted their combined holdings to roughly 6% of Bitcoin’s circulating supply, underscoring persistent institutional demand for regulated exposure despite short-term market gyrations.

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