Blackrock Pulls in $204M as Bitcoin ETFs Finish the Week Positive
Crypto ETF investors spent the week changing direction almost as quickly as the market itself. A sharp Monday retreat gave way to broad inflows across bitcoin and ether products, allowing both categories to. . .
Crypto ETF investors spent the week changing direction almost as quickly as the market itself. A sharp Monday retreat gave way to broad inflows across bitcoin and ether products, allowing both categories to finish the five days with net gains. Key TakeawaysEther ETFs led July 13–17 with $105. 44M, beating bitcoin funds’ $75. 67M weekly inflow. Blackrock’s IBIT gained $204. 1M as Fidelity’s FBTC lost $181. 1M, exposing sharp fund splits. HYPE lost $7. 26M while XRP gained $6. 78M, pointing to selective altcoin demand. Ether ETFs Add $105M to Overtake Bitcoin ETFs in Weekly InflowsFrom July 13 to July 17, U. S. -listed ether spot ETFs attracted $105. 44 million, outperformingbitcoinfunds, which recorded $75. 67 million in net inflows. XRPETFs added $6. 78 million, whilesolanaproducts brought in a modest $948,200. HYPE ETFs stood apart with the category suffering $7. 26 million in weekly net outflows. Bitcoin Funds Recover From a $425 Million Monday ExitBitcoin ETFsopened the week under heavy pressure, posting $425 million in net outflows on Monday. The reversal came quickly. The funds attracted $181 million on Tuesday, followed by another $108 million on Wednesday. Thursday extended the streak with a $79 million addition, before Friday delivered the week’s strongest finish: $132. 30 million in net inflows. Blackrock’s IBIT drove the weekly result with $204. 1 million in new capital. Grayscale’sBitcoinMini Trust added $70 million, while Bitwise’s BITB, Morgan Stanley’s MSBT, Vaneck’s HODL and ARK 21Shares’ ARKB recorded inflows of $18. 5 million, $7. 4 million, $6. 1 million and $3. 6 million, respectively. Those gains were partly offset by large withdrawals elsewhere. Fidelity’s FBTC lost $181. 1 million during the week, while Grayscale’s GBTC recorded $53. 1 million in outflows. Friday’sbitcoininflow was concentrated almost entirely in IBIT, which attracted $136. 48 million. A $4. 18 million withdrawal from FBTC reduced the day’s net total to $132. 30 million. Two weeks of straight green forbitcoin ETFsin July. However, monthly flows still stand in the red. Source: SosovalueEther Leads Weekly Inflows as Altcoin Funds DivergeEther ETFs also began the week in negative territory, losing $15 million on Monday. Demand then returned with force. The products drew $58 million on Tuesday and $54 million on Wednesday, with no individual fund reporting an outflow on either day. Thursday interrupted the run with a $28 million withdrawal, but Friday restored momentum with $36. 7 million in net inflows. Blackrock’s ETHA accounted for $31. 7 million of Friday’s total, while Fidelity’s FETH added $5 million. Over the full week, ether ETFs recorded $105. 44 million in net inflows, the strongest result among the fivecryptoETF categories tracked. XRPETFs remained quiet for most of the week before attracting $6. 78 million on Thursday. That single session accounted for the category’s entire weekly inflow. Solanafunds followed a less decisive path. They recorded no flows on Monday or Tuesday, lost $707,000 on Wednesday and gained $1. 66 million on Thursday. The category ultimately closed the week with a net inflow of $948,200. HYPE ETFs had the weakest performance. After losing $3. 9 million on Monday, the products attracted $2. 13 million on Wednesday, no flows on Thursday, before closing with a $5. 45 million exit on Friday. The late withdrawals pushed the weekly result to a net outflow of $7. 26 million. The final numbers point to a market that remains willing to fund establishedcryptoassets, but only selectively. Bitcoinrecovered from a bruising start, ether took the weekly lead, and demand for smaller-token products remained fragmented.