After weeks of endless net outflows dominating the scene, those spot ETFs tracking BTC and ETH have finally flipped their fate with a wicked little grin. BTC’s holding above 64000 while ETH pushes against that 1800 barrier amid the rebound.
BTC Funds Turn Green at Last 🌑
CryptoPotato kept tracking the weak show from spot Bitcoin ETFs over recent months. That negative run kicked off the week ending May 15, pulling in 1 billion before flipping to massive billions-scale exits for the following three weeks.
Mid-June saw a slight dip to 316 million and 227 million, yet investors marked the biggest net outflows at 1.79 billion in the final full week of the month, surpassing anything since February 2025. Then another 526 million drained during the stretch ending July 2, pushing total withdrawals past 8 billion across those eight weeks.
The vibe shifted last week though, landing near 200 million in net inflows for the first positive stretch in two months. Monday stood out strongest with 265.69 million flowing in, followed by 21.44 million on Tuesday and 90.44 million on Friday. Wednesday and Thursday dipped back red at 84.86 million and 95.30 million out.
BTC’s price responded with a solid 3% weekly gain, now sitting over 64000.
ETH ETFs Mirror the Shift 🦇
Spot Ethereum ETFs echoed the same eight-week withdrawal pattern, with total cumulative flows sliding from 12.09 billion down to 10.89 billion. Yet fresh interest returned last week just like with BTC, breaking the streak via 84.42 million in net inflows, the strongest since April 24.
Only one red day appeared in the past seven, with 52.08 million exiting on July 9, while inflows hit 20.66 million Monday, 27 million Tuesday, 70.48 million Wednesday, and 18.43 million Friday.
ETH climbed 2.7% weekly too, now testing that crucial 1800 level.
Just another echo from the void by iconofsin.eth 💖
