Home » Blackrock Pulls in $204M as Bitcoin ETFs Finish the Week Positive

Blackrock Pulls in $204M as Bitcoin ETFs Finish the Week Positive

by Jennifer Mackenzie


Key Takeaways

Ether ETFs Add $105M to Overtake Bitcoin ETFs in Weekly Inflows

From July 13 to July 17, U.S.-listed ether spot ETFs attracted $105.44 million, outperforming bitcoin funds, which recorded $75.67 million in net inflows. XRP ETFs added $6.78 million, while solana products brought in a modest $948,200. HYPE ETFs stood apart with the category suffering $7.26 million in weekly net outflows.

Bitcoin Funds Recover From a $425 Million Monday Exit

Bitcoin ETFs opened the week under heavy pressure, posting $425 million in net outflows on Monday. The reversal came quickly.

The funds attracted $181 million on Tuesday, followed by another $108 million on Wednesday. Thursday extended the streak with a $79 million addition, before Friday delivered the week’s strongest finish: $132.30 million in net inflows.

Blackrock’s IBIT drove the weekly result with $204.1 million in new capital. Grayscale’s Bitcoin Mini Trust added $70 million, while Bitwise’s BITB, Morgan Stanley’s MSBT, Vaneck’s HODL and ARK 21Shares’ ARKB recorded inflows of $18.5 million, $7.4 million, $6.1 million and $3.6 million, respectively.

Those gains were partly offset by large withdrawals elsewhere. Fidelity’s FBTC lost $181.1 million during the week, while Grayscale’s GBTC recorded $53.1 million in outflows.

Friday’s bitcoin inflow was concentrated almost entirely in IBIT, which attracted $136.48 million. A $4.18 million withdrawal from FBTC reduced the day’s net total to $132.30 million.

Blackrock Pulls in $204M as Bitcoin ETFs Finish the Week Positive
Two weeks of straight green for bitcoin ETFs in July. However, monthly flows still stand in the red. Source: Sosovalue

Ether Leads Weekly Inflows as Altcoin Funds Diverge

Ether ETFs also began the week in negative territory, losing $15 million on Monday. Demand then returned with force.

The products drew $58 million on Tuesday and $54 million on Wednesday, with no individual fund reporting an outflow on either day. Thursday interrupted the run with a $28 million withdrawal, but Friday restored momentum with $36.7 million in net inflows.

Blackrock’s ETHA accounted for $31.7 million of Friday’s total, while Fidelity’s FETH added $5 million. Over the full week, ether ETFs recorded $105.44 million in net inflows, the strongest result among the five crypto ETF categories tracked.

XRP ETFs remained quiet for most of the week before attracting $6.78 million on Thursday. That single session accounted for the category’s entire weekly inflow.

Solana funds followed a less decisive path. They recorded no flows on Monday or Tuesday, lost $707,000 on Wednesday and gained $1.66 million on Thursday. The category ultimately closed the week with a net inflow of $948,200.

HYPE ETFs had the weakest performance. After losing $3.9 million on Monday, the products attracted $2.13 million on Wednesday, no flows on Thursday, before closing with a $5.45 million exit on Friday. The late withdrawals pushed the weekly result to a net outflow of $7.26 million.

The final numbers point to a market that remains willing to fund established crypto assets, but only selectively. Bitcoin recovered from a bruising start, ether took the weekly lead, and demand for smaller-token products remained fragmented.



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