Weekly net flows into spot Bitcoin ETFs have finally returned to positive territory. According to analytics platform SoSoValue, the funds attracted $197.4 million during the week of July 6–10, ending a prolonged period of withdrawals.
The inflow marked a notable reversal in market sentiment, breaking an eight-week streak of net outflows that had removed billions of dollars from US spot Bitcoin ETFs.
Bitcoin ETFs Reverse an Eight-Week Outflow Streak
According to SoSoValue, the $197.4 million inflow was the first positive weekly result since early May. For eight consecutive weeks, beginning with May 11–15, US spot Bitcoin ETFs recorded only net outflows.
Combined losses over the eight-week period reached approximately $8.26 billion. The largest weekly outflow came between June 22 and 26, when investors withdrew $1.79 billion. The week of June 1–5 followed closely with $1.72 billion in outflows.
The negative flow trend coincided with a decline in Bitcoin’s price. According to SoSoValue, BTC was trading at approximately $63,917 by the close of trading on July 10, well below the levels recorded in late spring.
Total net assets held by spot Bitcoin ETFs stood at $77.42 billion. Although weekly inflows have returned, total assets remain below the peak levels reached earlier in the year.
The latest inflow therefore represents only a modest recovery compared with the losses recorded during the previous eight weeks. However, the reversal may indicate that investor sentiment is beginning to stabilize.
Altcoin ETF Flows Deliver Mixed Results
The picture was more mixed across other cryptocurrency ETFs. According to SoSoValue, several altcoin-focused funds also attracted fresh capital during the week.
Ethereum led the altcoin market, with spot ETH ETFs attracting $84.42 million in weekly net inflows. This made Ethereum the second-largest recipient of capital after Bitcoin.
Inflows into other cryptocurrency ETFs were considerably smaller. Solana ETFs attracted $930,430, while Chainlink ETFs recorded $639,940. Hedera ETFs received approximately $1.01 million, and HYPE-focused funds attracted $10.36 million.
Some funds nevertheless remained in negative territory. XRP ETFs recorded $7,180 in outflows, while Litecoin ETFs lost approximately $429,940.
Overall, most of the tracked spot cryptocurrency ETFs ended the week with positive net flows. Bitcoin and Ethereum funds continued to account for the overwhelming majority of new investment.