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PiCK

US Spot Bitcoin ETFs End Eight-Week Outflow Streak With $197 Million Weekly Inflow

Source
Suehyeon Lee

Summary

  • US spot Bitcoin ETFs ended an eight-week outflow streak and posted $197 million in net inflows for the week.
  • Over the same period, spot Ether ETFs also saw $84.42 million in net inflows, ending their own eight-week run of withdrawals.
  • Among altcoin ETFs, Solana (SOL) and Hyperliquid (HYPE) posted $930,400 and $10.36 million in net inflows, respectively, while spot XRP ETFs recorded $7.18 million in net outflows.

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Photo: SoSoValue
Photo: SoSoValue

US spot Bitcoin exchange-traded funds posted net inflows last week, ending an eight-week streak of withdrawals.

Wu Blockchain said on July 12 that US spot Bitcoin ETFs recorded a combined $197 million in net inflows during the July 6-10 period.

US spot Ether ETFs also snapped an eight-week outflow streak over the same period, drawing $84.42 million in net inflows.

Among altcoin ETFs, spot Solana (SOL) ETFs posted net inflows of $930,400, while Hyperliquid (HYPE) ETFs brought in $10.36 million. Spot XRP ETFs, by contrast, logged net outflows of $7.18 million.

#Ethereum ETF
#Crypto ETF
#Spot ETF
#Bitcoin ETF
#ETF
Suehyeon Lee

Suehyeon Lee

shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.

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