Spot Bitcoin ETFs Attract $233M Inflows, Weekly Total Turns Positive
US spot Bitcoin exchange-traded funds (ETFs) recorded $233.1 million in net inflows on Thursday, pushing the weekly total back into positive territory. BlackRock's IBIT fund led these inflows with $183.4 million.
The US spot Bitcoin exchange-traded fund (ETF) market witnessed a significant resurgence on Thursday, July 30, 2026, recording robust net inflows of $233.1 million. This strong daily performance marked the highest single-day inflow in over three weeks and successfully propelled both the weekly and monthly totals into positive territory, following a two-month streak of multi-billion dollar outflows.
A substantial portion of these notable inflows was channeled into BlackRock’s iShares Bitcoin Trust (IBIT). IBIT alone accounted for $183.4 million in net inflows, representing 78.7% of the day’s total and solidifying its leading position in the market. Other prominent funds, including Bitwise’s BITB and Fidelity’s FBTC, also contributed significantly, with net inflows of $20.7 million and $15.5 million, respectively. These inflows are seen as a clear sign of recovery after substantial outflows of $2.43 billion in May and $4.52 billion in June. The total net asset value of spot Bitcoin ETFs has now reached $78.759 billion, with cumulative net inflows since inception totaling $51.59 billion.
Thanks to Thursday’s strong performance, US spot Bitcoin ETFs moved into positive territory for the week, registering $203.84 million in net inflows. For July, the total net inflows reached $437.8 million, marking a crucial step towards breaking the two-month streak of multi-billion dollar outflows. Despite this positive development, Bitcoin’s price was trading around $64,338 at the time of reporting, reflecting a 1.8% decline over the past week. Year-to-date, Bitcoin has seen a 26% decrease, trading approximately 50% below its record high of $126,000 observed in October of the previous year.
This renewed interest in spot Bitcoin ETFs underscores the ongoing confidence of institutional investors in digital assets. BlackRock’s IBIT fund, in particular, continues to maintain its strong market position, holding an estimated 50-60% market share of all spot Bitcoin ETF assets in 2026. Concurrently, spot Ethereum ETFs also recorded $13.3 million in net inflows on the same day, experiencing net outflows in only five trading sessions throughout July.
Market analysts suggest that these recent inflows could signal a potential bottoming out for Bitcoin. However, some experts caution that these flows might reflect an easing of selling pressure rather than a broad return of institutional demand. For Bitcoin to establish a sustainable uptrend, it needs to consistently hold above the $65,000-$65,500 levels. The sustained continuation of these ETF inflows in the upcoming period will be a critical indicator for Bitcoin's short to medium-term price trajectory.
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