Bitcoin ETFs snap brutal outflow streak with $487M in net inflows

US spot Bitcoin ETFs pulled in $487 million in net inflows over two consecutive trading sessions in early July, ending what had been a punishing 10-day outflow streak that saw roughly $2.7 billion leave the funds. It’s the first back-to-back stretch of positive flows since May 2025, and it coincided with Bitcoin recapturing $63,835, a 3.6% weekly gain. The turnaround started on July 2, when a single-day inflow of $221.7 million broke the bleeding. BlackRock’s iShares Bitcoin Trust (IBIT) and Fidelity’s Wise Origin Bitcoin Fund (FBTC) did most of the heavy lifting, which is roughly the same script these funds have followed since launching in early 2024. A breather, not a breakout Over the trailing 30 days heading into July 2026, Bitcoin ETFs posted net outflows of approximately $6.35 billion. Two days of inflows worth $487 million against that backdrop is less “the cavalry has arrived” and more “someone left the faucet dripping.” The broader pattern tells a story of institutional profit-taking. Investors who entered spot Bitcoin ETFs during late 2024 and early 2025, when prices were climbing aggressively, appear to have spent much of mid-2026 trimming positions. Bitcoin trading in a...