U.S. spot Bitcoin ETFs see renewed strong inflows. According to SoSoValue data, these products recorded net inflows of approximately $227 million on July 20, marking the fifth consecutive trading day of net inflows—the first such streak since late April.
Over five days, the cumulative inflow was approximately $727 million.
Over the past five trading days, U.S. spot Bitcoin ETFs recorded a combined net inflow of approximately $727 million, marking one of the longest-running buying streaks in recent months. This follows significant redemptions in June, which previously put pressure on ETF fund flows.
As capital flows back, the total assets under management of Bitcoin ETFs have rebounded from a July low of approximately $75 billion to around $79 billion, indicating a recovery in institutional allocation demand.
Ethereum ETFs simultaneously attract significant investment
Ethereum spot ETFs recorded a net inflow of approximately $38 million today, with BlackRock’s ETHA contributing about $34 million, making it the primary source of inflow. Although significantly smaller in scale than Bitcoin ETFs, this continues the trend of capital replenishment.
Market focuses on the Fed and tech earnings
In terms of price, Bitcoin continues to fluctuate around $63,000. The previous sell-off, driven by chip stocks, has temporarily slowed, while ETF buying has returned, filling the incremental capital that was largely absent over most of the past quarter.
Next, the market will focus on the Federal Reserve’s interest rate meeting on July 28–29, as well as the earnings reports from Alphabet, Tesla, and Intel this week. The results will influence expectations for AI spending and may further impact Bitcoin’s price, given its recent strong correlation with tech stocks.