Bitcoin ETF Inflows Extend For Second Week, But Recovery Remains Fragile
US spot Bitcoin ETFs posted a second straight week of net inflows, suggesting institutional demand is stabilizing after a period of heavy outflows. Farside data shows about $75.7 million of inflows for July 13–17, with Friday accounting for $132.3 million. BlackRock’s IBIT drove most of the positive flow, while Fidelity’s FBTC had a small outflow. The rebound is constructive but still modest compared with earlier withdrawals, so it does not yet confirm a durable recovery. ETF flows remain an important gauge of institutional appetite and can support Bitcoin sentiment, but they are only one of several drivers, alongside rates, liquidity, the dollar, and broader risk appetite. The main takeaway is cautious optimism: buyers are returning, led by IBIT, but Bitcoin needs more sustained inflows before the improvement can be seen as a stronger trend.
