U.S. spot Bitcoin ETFs pulled in $265.69 million on Monday, the largest single-day inflow in more than a month, according to data reported by CoinDesk. The gain marked the second positive session in three trading days, following a $221 million inflow on July 2 that snapped a painful 10-day outflow streak.
BlackRock‘s IBIT led the day with $209.40 million in new capital, while ARKB added $32.98 million and Grayscale’s mini BTC fund brought in $42.25 million. GBTC was the only fund in the red, shedding $44.45 million as investors continued rotating out of the higher-fee legacy product.
Ether ETFs also posted gains on the day, adding $20.66 million, with BlackRock’s ETHA fund accounting for $23.29 million of that total — enough to offset smaller outflows elsewhere in the category.
Despite Monday’s strength, the broader trend remains negative. Spot Bitcoin ETFs still lost a net $526.6 million over the shortened holiday week, marking an eighth consecutive week of net outflows — the longest such streak since the products launched in January 2024. Ether ETFs also closed the week in the red, down $13.7 million, extending their own eight-week losing streak.
Year-to-date, net outflows from spot Bitcoin ETFs remain substantial at roughly $5.4 billion, meaning Monday’s inflow represents only a modest dent in a much larger multi-month trend. The recovery comes as both BTC and ETH posted stronger openings over the past two sessions, with traders partly attributing the shift to growing expectations of a Federal Reserve rate cut later this year.
Analysts caution that a single strong day does not confirm a turnaround. Sustained daily inflows across multiple consecutive sessions — rather than isolated pops following prolonged outflow streaks — would be the clearer signal that institutional sentiment toward spot crypto ETFs has genuinely shifted.
