BlackRock’s ETFs Haul $343M as IBIT’s $209M Single-Day Print Anchors Reversal
IBIT and ETHA/ETHB pulled in $343M for the week to July 10, as market-wide BTC/ETH ETF flows snapped an eight-week outflow streak.
BlackRock’s spot Bitcoin and Ethereum ETFs booked nearly $343 million in combined net inflows for the trading week ending July 10, according to Finbold, marking one of the firm’s strongest weekly hauls since the May-June redemption cycle. The reversal coincides with a broader market shift: CaptainAltcoin reports that U.S. spot Bitcoin and Ethereum ETFs pulled in $282 million on a market-wide basis, snapping an eight-week streak of net outflows. The two figures track different scopes — BlackRock-only weekly total versus aggregate market flow — but both point to the same directional shift: capital is returning to regulated crypto wrappers after a rough Q2.
IBIT Leads With a $291.9M Weekly Net Inflow
BlackRock’s IBIT fund alone drew $291.9 million in net inflows across the five-day session, per Finbold’s breakdown of Coinglass data. The strongest single-day print came on July 6 at $209.4 million, followed by an $86.8 million inflow on July 10. A $54.8 million inflow on July 7 rounded out the bulk of the week’s gains.
The week wasn’t entirely one-directional — IBIT logged a $59.1 million net outflow on July 8 — but the single-day redemption was more than offset by the surrounding inflow days. The flow pattern lands as Bitcoin recovers toward the $64,000-$65,000 zone after trading between roughly $62,000 and $65,000 through most of June, a range CaptainAltcoin’s technical read places Bitcoin at $63,685-$64,000 as of July 12, with buyers defending support near $63,000 but repeatedly rejected around $64,200-$64,500.
Ethereum ETFs Add $51M as Skew Still Favors Bitcoin 5:1
BlackRock’s Ethereum products, ETHA and ETHB, closed the week with a combined $51 million in net inflows. ETHA drove most of the gain, adding $23.3 million on July 6, $26.9 million on July 7, and $16.2 million on July 10. The only soft spot came July 9, when ETHA and ETHB together shed $15.4 million.
Even with positive net flows, BlackRock’s Bitcoin fund still absorbed more than five times the capital directed into its Ethereum products for the week — a skew that continues to reinforce Bitcoin’s position as the dominant institutional allocation within the ETF wrapper, even as Ethereum vehicles establish themselves as a growing, if smaller, gateway for regulated exposure.
Context: An $4-5B Outflow Cycle Precedes the Reversal
The inflow week follows a bruising stretch for U.S. spot Bitcoin ETFs, which faced heavy redemptions through May and June 2026, with June withdrawals alone totaling roughly $4-5 billion amid macro uncertainty, elevated rates and geopolitical tension, per Finbold. Those outflows unfolded while Bitcoin traded largely in the $62,000-$65,000 band, the same range where the asset now sits.
CaptainAltcoin’s broader market snapshot places total crypto market capitalization at $2.19 trillion, down a marginal 0.20% on the day, suggesting the ETF inflow rebound has not yet translated into a decisive spot rally. The outlet also flagged that Circle secured approval for a U.S. trust bank and that treasury company Empery Digital sold roughly half its Bitcoin holdings to fund an expansion into AI infrastructure — both developments unfolding alongside the ETF flow reversal but distinct from it.
Analysts cited by Finbold characterize the early-July inflow trend as a potential sign of institutional re-engagement, though they caution that ETF flows remain highly sensitive to Federal Reserve policy and incoming macro data — including the June U.S. inflation report due July 14, which CaptainAltcoin notes carries a 64.6% market-implied probability of the Fed holding rates steady.
Read more: BTC Grinds at 69.7% Dominance Near $64K Pivot as Chip-Sector Capex Hits $250B