U.S.-listed crypto exchange-traded funds recorded net inflows on July 7, but momentum slowed sharply from the previous session. According to Farside Investors, spot Bitcoin ETFs added $21.5 million in net inflows on July 7, down from $265.7 million on July 6 and $223.5 million on July 2. Ether ETFs posted $26.9 million of net inflows, while Solana ETFs added $1.7 million, bringing total net inflows across the three categories to approximately $50.1 million for the day. The slowdown followed the Independence Day holiday on July 3, when U.S. markets were closed, and the strong rebound session on July 6 led by BlackRock's iShares Bitcoin Trust. Post-holiday demand remained constructive but more selective, with inflows narrowing and several major funds recording flat or negative flows.
BlackRock's IBIT Leads Bitcoin ETFs With $54.8 Million Inflows on July 7
Bitcoin ETFs remained positive on July 7, but fund-level data showed a weaker composition than the previous session. BlackRock's IBIT led the category with $54.8 million of inflows, enough to keep the group positive. However, this was partly offset by $24.9 million of outflows from Fidelity's FBTC and $8.4 million of outflows from Ark and 21Shares' ARKB. All other listed Bitcoin ETFs were flat for the session, including Bitwise's BITB, Invesco's BTCO, Franklin's EZBC, Valkyrie's BRRR, VanEck's HODL, WisdomTree's BTCW, Morgan Stanley's MSBT, Grayscale's GBTC and Grayscale's BTC.
The July 7 print contrasted with July 6, when IBIT alone attracted $209.4 million, Grayscale's lower-fee BTC product added $42.3 million and ARKB brought in $33.0 million. Bitcoin ETFs had recorded significant outflows on June 30 and July 1, and the return to inflows on July 6 and July 7 reduced concerns that ETF investors were moving into a sustained redemption cycle.
BlackRock's ETHA Accounts for All Ether ETF Inflows on July 7
Ether ETFs posted $26.9 million of net inflows on July 7. The entire gain came from BlackRock's ETHA, while all other Ether funds recorded no net flow. These included Fidelity's FETH, Bitwise's ETHW, VanEck's ETHV, Franklin's EZET, Grayscale's ETHE and Grayscale's ETH.
Solana ETFs added $1.7 million, with the inflow coming entirely from Fidelity's FSOL. Bitwise's BSOL, VanEck's VSOL, VanEck's TSOL, Franklin's SOEZ and Grayscale's GSOL were flat.
ETF demand remained positive across Bitcoin, Ether and Solana on July 7, but inflows were concentrated in a small number of products. Bitcoin's positive print depended almost entirely on IBIT, Ether's on ETHA, and Solana's on FSOL.
FAQ
How much did U.S. Bitcoin ETFs add in net inflows on July 7?
U.S. spot Bitcoin ETFs recorded $21.5 million of net inflows on July 7, according to Farside Investors. This was down from $265.7 million on July 6 and $223.5 million on July 2.
Which Bitcoin ETF had the highest inflows on July 7?
BlackRock's IBIT led Bitcoin ETFs with $54.8 million of inflows on July 7. This was partly offset by $24.9 million of outflows from Fidelity's FBTC and $8.4 million of outflows from Ark and 21Shares' ARKB.
Which fund accounted for all Ether ETF inflows on July 7?
BlackRock's ETHA accounted for the entire $26.9 million of net inflows in Ether ETFs on July 7. All other Ether funds, including Fidelity's FETH, Bitwise's ETHW, VanEck's ETHV, Franklin's EZET, Grayscale's ETHE and Grayscale's ETH, recorded no net flow.
