IBIT, Vaneck Drive $90.4M Into U.S. Spot Bitcoin ETFs
BlackRock’s IBIT and Vaneck’s HODL led $90.44 million of net inflows into U.S. spot bitcoin ETFs on July 10; spot ether ETFs added $18.43 million, marking the bitcoin funds’ first positive week since May.
On July 10, U.S. spot bitcoin exchange-traded funds recorded $90.44 million in net inflows, with BlackRock’s iShares Bitcoin Trust (IBIT) taking in $86.83 million and Vaneck’s HODL adding $3.61 million. Spot ether ETFs added $18.43 million, with BlackRock’s ETHA and Fidelity’s FETH among the largest products, and the inflows gave bitcoin funds their first weekly net gain since May.
Flows earlier in the week were mixed. On July 6, $265.69 million entered bitcoin ETFs, led by a $209.40 million intake at IBIT. On July 8, bitcoin funds saw $84.9 million in outflows while ether products recorded $70.5 million in inflows for a fifth straight positive day. July 9 brought heavier exits: bitcoin ETFs lost $95.30 million and ether products shed $52.08 million. Friday’s inflows returned the weekly tally to positive territory.
June totaled about $4 billion in withdrawals from U.S. spot bitcoin ETFs, the largest monthly outflow since the funds launched in January 2024. That period included a 10-day outflow streak totaling $2.73 billion. The streak ended in early July when a $222 million rebound, led by Fidelity’s FBTC, reversed the run. Since launch, cumulative net inflows into U.S. spot bitcoin ETFs are near $51.3 billion.
Price action moved with the flows. Bitcoin traded near $64,100, up roughly 1.4% over 24 hours, and the total cryptocurrency market capitalization rose to about $2.28 trillion. Bitcoin’s recent gains retraced part of the decline from its October 2025 peak near $126,000.
Institutional investors and other market participants use daily ETF flow data to measure demand for crypto exposure through brokerage accounts. New daily flow figures on Monday will show whether the rebound continues.
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