U.S. Spot Bitcoin, Ethereum ETFs See Net Inflows of $107.7M and $53.9M
AI Market Summary
U.S. spot Bitcoin and Ethereum ETFs recorded net inflows ($107.7M and $53.9M), led by BlackRock's IBIT and ETHA. Concentrated allocations into the largest issuers suggest sustained institutional demand and supportive ETF-driven liquidity. Near term, persistent inflows can tighten available float and reinforce risk appetite across major crypto, with spillovers to correlated large-cap tokens and related equity proxies.
Impact level
● Medium
Affected assets
BTC/USDT-0.10%
AI Insight · BTC/USDTAI Insight
▲ Bullish
Trade now
⚠️ AI-generated insights are based on news content and are provided for informational purposes only. They do not constitute investment advice or represent the views of BingX. Investing involves risk. Please trade responsibly.
Huo Xing Cai Jing, citing Farside Investors data, reported that U.S. spot Bitcoin ETFs recorded total net inflows of $107.7 million on July 16. BlackRock's IBIT led with $80.8 million, followed by Fidelity's FBTC with $16.9 million and Grayscale's BTC with $10 million. All other funds posted zero net inflows for the day.
U.S. spot Ethereum ETFs logged total net inflows of $53.9 million over the same period. BlackRock's ETHA brought in $45.3 million, ETHB attracted $4 million, and Grayscale's ETH added $4.6 million. The remaining ETFs reported zero net inflows.