In Bitcoin ETF news today, US-listed spot BTC ETFs recorded a second consecutive week of net inflows after nearly two months of capital flight, pulling in $75.7M last week and $197.4M the week before, a combined $273.1M that has snapped an outflow rout that had drained more than $8.2Bn from the 13 funds.
The central question the market is now wrestling with: is this a genuine turning point in institutional sentiment, or a fragile bounce propped up by one soft jobs report ahead of a Fed meeting that could rewrite the script entirely?
Bitcoin price context matters here. The recovery began after BTC fell below $58,000 in late June, then climbed back toward the $63–65K range by mid-July as ETF inflows resumed.
The asset has not reclaimed a decisive higher level, which means the flow recovery and the price recovery are moving in lock-step but neither has yet confirmed the other.
From early May to late June 2026, US spot Bitcoin ETFs lost over $8.2Bn in net assets, pushing BTC to its lowest level since late 2024 and raising doubts about institutional adoption.
The recovery began on July 2 with net inflows of $221.7M, ending a 10-day outflow streak. Fidelity FBTC led with $165.96M, ARK ARKB added $91.84M, while BlackRock IBIT faced outflows of $40.43M.
On July 6, the funds experienced their largest single-day inflow in over a month, totaling $265.7M, primarily driven by IBIT. From July 2–7, the total inflow reached approximately $510M.
Despite a setback on one Monday due to geopolitical tensions, a subsequent three-day inflow streak of $181M, $108M, and $79.2 million resulted in a positive weekly total of $75.7M.
The macro catalyst was a single data release on July 2, when the US Bureau of Labor Statistics reported that 57,000 jobs were added in June, falling short of expectations, alongside a rise in unemployment to 4.2%.
Bitcoin ETF flows are now closely tied to the same macro factors affecting traditional risk assets. When inflation expectations ease and fears of rate hikes diminish, investment advisers have more leeway to increase BTC exposure. Conversely, when the macro outlook worsens, as happened during US-Iran tensions, flows can reverse quickly.
This reflects a structural feature of the post-ETF Bitcoin market, where a significant portion of BTC volume occurs during US trading hours, heightening price sensitivity to US economic data. Reports on jobs, CPI, and Fed outcomes have become key catalysts for Bitcoin.
Source: Yahoo Finance Top News — This article was automatically imported from the source. Read full article at original source →
