Crypto exchange-traded funds (ETFs) saw a broad rebound on Thursday, July 2, as bitcoin ETFs recorded $221.72 million in net inflows—their largest single-day intake since May 5—ending a 10-session streak of outflows. The recovery extended across crypto products, with funds tied to ether (ETH), XRP, and solana (SOL) also turning positive.
Bitcoin ETFs Post Largest Inflow Since Early May
After 10 consecutive trading days of redemptions, spot bitcoin ETFs drew $221.72 million in new capital on July 2. The reversal marks the strongest daily inflow since May 5, signaling renewed demand for regulated bitcoin exposure following a period of persistent selling pressure.
Fidelity’s FBTC Leads Turnaround
Fidelity’s spot bitcoin ETF, FBTC, led the day’s inflows, according to fund flow tallies for July 2. The move underscores continued investor interest in large, liquid bitcoin funds during periods of shifting risk appetite.
Broader Crypto ETF Market Turns Green
The rebound was not limited to bitcoin. ETFs tracking other major crypto assets—including ether, XRP, and solana—also attracted net inflows on the day, putting the broader crypto ETF segment in positive territory.
Why It Matters
- Sentiment gauge: ETF flows are a real-time indicator of investor demand for crypto exposure in traditional brokerage accounts.
- Liquidity support: Fresh inflows can stabilize underlying markets, particularly after extended outflow streaks.
- Diversified interest: Positive flow across BTC, ETH, XRP, and SOL products suggests broader risk-on sentiment in digital assets.