Bitcoin and Ether ETFs Rebound With Fresh Inflows After Heavy Outflow Day

U.S. spot bitcoin and ether ETFs both drew fresh inflows on Tuesday, bouncing back a day after bitcoin funds saw one of their largest single day redemptions this month.

Bitcoin Funds Recover, Led by BlackRock

Spot bitcoin ETFs took in about $181 million on Tuesday, according to SoSoValue data, reversing roughly $425 million in outflows from the previous session. BlackRock’s IBIT accounted for the bulk of the inflows at around $139 million, with Fidelity’s FBTC adding about $21 million. No bitcoin fund recorded a loss for the day. Total bitcoin ETF assets climbed back to around $78 billion from about $75 billion.

Ether ETFs Also Post Gains

Ether ETFs added roughly $58 million, with BlackRock’s ETHA responsible for the entire net inflow while other funds stayed flat. Total ether ETF assets crossed the $10 billion mark. The inflows came alongside a strong price move, with bitcoin ETFs rising close to 4% and ether funds climbing about 6%, marking the strongest single-session performance in weeks.

A Choppy Month for Flows

July has seen inconsistent flow patterns rather than a clear trend, with bitcoin ETFs swinging between inflows and outflows nearly every other trading session. Monday’s $425 million redemption was the largest outflow of the month, while Tuesday’s rebound ranks as the second-largest inflow. Neither trend has held for more than three consecutive days.