U.S. Spot Bitcoin ETFs Post $33.8 Million Weekly Inflow as $465 Million Late-Week Outflows Hit
Updated
Updated · CoinDesk · Jul 27
U.S. Spot Bitcoin ETFs Post $33.8 Million Weekly Inflow as $465 Million Late-Week Outflows Hit
3 articles · Updated · CoinDesk · Jul 27
Summary
$33.79 million flowed into U.S.-listed spot Bitcoin ETFs in the week ended July 24, extending their first three-week inflow streak since early May.
$465.26 million in net outflows on July 23-24 snapped a seven-day winning streak and cut the weekly gain to the smallest of the past three weeks.
Those late withdrawals came after Bitcoin climbed above $66,500 on Tuesday and then fell below $64,000 by week-end amid profit-taking and weakness in the Nasdaq 100.
July still marks a modest repair phase after eight straight weeks of outflows through mid-May, but BRN said institutional demand remains cautious rather than bull-run strong.