Bitcoin ETFs have erased a $5.8 billion hole
Summary
U.S.-listed spot bitcoin ETFs have swung from $5.8 billion in year-to-date net outflows on July 13 to nearly $800 million in net inflows, according to SoSoValue. The reversal accompanied bitcoin’s rise from below $58,000 in early June to about $85,000. Nearly $4 billion flowed into the funds after Treasury Secretary Scott Bessent announced increased bond purchases in August. ETFs recorded $2.84 billion in inflows over the latest six-day streak, though year-to-date totals remain far below the article’s cited figures for 2024 and 2025, and the recent streak is smaller than one in November 2024.
