Live markets: Bitcoin, ether ETFs draw inflows as majors rise as much as 5%
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- U.S. spot bitcoin ETFs took in roughly $181 million on Tuesday, reversing a ~$425 million outflow the prior day, with no bitcoin fund losing money on the session
- BlackRock's IBIT drove almost the entire bitcoin inflow at ~$139 million, with Fidelity's FBTC adding ~$21 million
- Ether ETFs added ~$58 million, with BlackRock's ETHA accounting for the full net figure while every other ether fund was flat
- Bitcoin ETF prices rose close to 4% and ether fund prices about 6%, the strongest single-session move in weeks per the article
- Total bitcoin ETF assets climbed back to ~$78 billion from ~$75 billion, while ether ETF assets crossed $10 billion
- July flows have whipsawed between inflows and outflows nearly every other session, with the July 13 $425M redemption the largest of the run and neither side holding more than three consecutive days
Why it matters: BlackRock captured the overwhelming majority of both the bitcoin and ether inflow days — IBIT alone pulled $139M of $181M, and ETHA was the only ether fund with net positive flows — meaning institutional crypto ETF exposure is effectively a single-fund trade right now. The rebound is the second-largest inflow of a choppy July where no directional streak has lasted three days, per SoSoValue data.
