U.S. spot Bitcoin ETFs recorded 487 million dollars in net inflows over two consecutive trading sessions in early July, ending a brutal ten-day streak during which roughly 2.7 billion dollars left these funds. BlackRock’s iShares Bitcoin Trust (IBIT) and Fidelity’s Wise Origin Bitcoin Fund (FBTC) accounted for the bulk of these inflows. This rebound coincided with Bitcoin recapturing 63,835 dollars, a 3.6 percent weekly gain. Over the trailing thirty days, Bitcoin ETFs posted net outflows of approximately 6.35 billion dollars, reflecting ongoing institutional profit-taking. The 60,000-dollar level has acted as a psychological floor, with institutions buying into dips toward that zone rather than panic-selling.
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