Bitcoin ETFs Extend Inflow Streak with $79.1M — Ethereum ETFs See $28M Outflow
U.S. spot Bitcoin ETFs recorded $79.1 million in net inflows** on July 16, marking the **third consecutive day** of positive flows. **BlackRock's IBIT** led with **$33.4 million, followed by Fidelity's FBTC at $30.7 million** and Bitwise's BITB at **$15 million. In contrast, spot Ethereum ETFs posted a $28 million net outflow**, with Fidelity's FETH losing **$11.2 million and Grayscale's ETHE losing $4.8 million. Total Bitcoin ETF net assets now stand at approximately 6.02% of BTC market cap. BlackRock CEO Larry Fink expressed strong bullishness on the crypto market over the next 12 months.
Risk reminder: ETF flows remain choppy. Grayscale's continued outflows signal lingering institutional caution.
