Morning Minute: BTC and ETH ETFs Flip Green After Lengthy Outflow Stretch
Summary
U.S. spot Bitcoin ETFs recorded their first positive week since May, bringing in about $197 million net after a $527 million outflow the prior week. Ether ETFs also turned positive with roughly $84 million in net inflows, lifting combined weekly flows across both to about $282 million. BlackRock’s IBIT was the main driver, leading inflows on the two strongest days. Bitcoin rose back toward $64,000 on the renewed ETF demand before slipping to just under $63,000. The next key catalyst is Tuesday’s CPI report, the last major data point before the July 28–29 FOMC meeting. Softer inflation could extend the inflow trend and support a move toward the June high near $67,250, while hotter data could quickly pressure the rebound.
