US spot Bitcoin ETFs pulled in roughly $727 million over five consecutive trading sessions through July 20, the longest inflow streak since early May, according to data compiled by SoSoValue.
Monday’s single-day total of $226.9 million marked the strongest reading since July 6, and pushed year-to-date net outflows for the group below $5 billion for the first time in months. BlackRock‘s IBIT led the run, though Fidelity’s FBTC also captured a meaningful share of the renewed demand. Total assets held across spot Bitcoin ETFs have climbed back to roughly $79 billion, up from a July low near $75 billion.
The flows landed as BTC broke through resistance near $65,000 and touched $66,400 on Tuesday, its first print above that level since June 17. The streak follows an eight-week stretch of redemptions that drained more than $8 billion from the same funds between May and July, coinciding with Bitcoin’s slide to a cycle low near $58,600 in June.
Analysts are split on how much weight to put on the reversal. Ether ETFs added a smaller $38 million on the same day, led by BlackRock’s ETHA. Per a note from XS.com’s Simon-Peter Massabni, the pattern more likely reflects easing selling pressure than a fresh wave of institutional conviction — a distinction that matters for anyone reading the streak as a trend rather than a pause. With the CLARITY Act still working through the Senate and an upcoming Fed meeting on the calendar, the next few sessions of flow data should clarify whether this is the start of a durable recovery or another short-lived bounce.