Spot Bitcoin ETFs in the US entered their second consecutive week with positive momentum. From July 13 to 17, the funds attracted $75.67 million, finally confirming a reversal after a prolonged eight-week streak of outflows.
The turning point emerged a week earlier: from July 6 to 10, the funds turned positive for the first time in a long while, gaining $197.4 million. Now the trend is confirmed — investors are once again showing interest in Bitcoin products.
However, daily dynamics were uneven. On July 13, the funds recorded the only outflow of the week at $424.66 million. But on July 14, inflows reached $181.08 million, and on July 15, another $107.8 million. Positive momentum continued at the end of the week: July 16 — $79.15 million, July 17 — $132.3 million.
As a result, total inflows offset the single-day outflow, securing a second consecutive week of gains. The cumulative net inflow into the funds since launch has reached $51.35 billion.
Ether Outpaces Bitcoin
Inflows were not limited to Bitcoin. Spot Ethereum ETFs attracted $105.44 million over the same week, surpassing Bitcoin funds in volume. This indicates a shift in interest among some institutional investors toward altcoins.
Funds based on XRP also drew notable interest, attracting $6.78 million. Inflows into Solana ETFs were more modest, at around $948,210. However, not all assets remained in positive territory: funds based on the HYPE token recorded an outflow of $7.26 million. Other crypto products showed zero flows.
Cryptalist Analysis: The recovery of inflows into Bitcoin ETFs after an eight-week outflow is a significant signal. However, the unevenness of daily flows and the outperformance of Ethereum ETFs suggest that the market has not yet established a confident trend. Investors are acting cautiously but are clearly returning capital to crypto assets, anticipating new growth drivers.