Blackrock’s IBIT Lifts Bitcoin ETFs With $54. 8 Million as Inflows Reach Day 3
Crypto exchange-traded fund (ETF) flows stayed positive on Tuesday, July 7, as bitcoin ETFs recorded a third straight day of inflows and ether ETFs stretched their winning run to four sessions. Key. . .
Crypto exchange-traded fund (ETF) flows stayed positive on Tuesday, July 7, as bitcoin ETFs recorded a third straight day of inflows and ether ETFs stretched their winning run to four sessions. Key TakeawaysBitcoin ETFs added $21. 44M, extending inflows to 3 straight sessions led by Blackrock IBIT. Ether ETFs gained $26. 93M, while HYPE and solana also attracted fresh investor demand. XRP ETFs were inactive as July’s recovery hinges on sustained multi-day ETF inflows. Ether ETFs Extend 4-Day Inflow Run as Blackrock’s ETHA Adds $26. 9 MillionThe rebound did not roar. It held. After weeks of bruising redemptions,cryptoETFs continued to draw capital for another session, even if the pace slowed from Monday’s stronger start. Bitcoinand ether remained the center of attention, with both categories extending their inflow streaks. Altcoindemand also stayed firm, led by HYPE andsolanaproducts. Bitcoin and Ether Keep the Recovery AliveBitcoin ETFsposted $21. 44 million in net inflows, marking their third consecutive day in positive territory. Blackrock’s IBIT led the session with a $54. 80 million inflow, providing enough support to offset exits elsewhere. Fidelity’s FBTC saw $24. 92 million leave the fund, while Ark & 21Shares’ ARKB recorded an $8. 44 million outflow. The result was a modest gain, but an important one. After the heavy selling seen through June, even smaller positive sessions help rebuild confidence. Totalbitcoin ETFvalue traded stood at $1. 51 billion, while total net assets closed at $77. 26 billion. Three days of inflows forbitcoin ETFsworth over $500 million. Source: SosovalueEther ETFs delivered a cleaner result. The category added $26. 93 million, extending its inflow streak to four trading days. The entire addition came through Blackrock’s ETHA, which has become the main vehicle behind ether’s recent ETF recovery. Total ether ETF value traded reached $388. 46 million, and net assets closed at $9. 53 billion. HYPE and Solana Add to the Green TapeHYPE ETFs also finished higher, bringing in $4. 32 million. The inflow was primarily routed through Bitwise’s BHYP, keeping the category in positive territory after a strong start to the week. Total HYPE ETF value traded came in at $44. 68 million, while net assets closed at $367. 62 million. SolanaETFs completed another positive session for activecryptoETF categories, adding $1. 67 million. The inflow was primarily directed into Fidelity’s FSOL. TotalSolanaETF value traded reached $83. 89 million, with net assets closing at $949. 75 million. XRPETFs were quiet, with no trading activity recorded for the day. Tuesday’s flows showed that the ETF recovery is still fragile, but intact. Bitcoin’s inflow was smaller and partly offset by redemptions, yet IBIT’s strength kept the category green. Ether looked steadier, while HYPE andsolanacontinued to show that selectivealtcoindemand remains alive.