U.S. spot bitcoin and ether exchange-traded funds returned to weekly net inflows for the first time since early May, collecting a combined $281.8 million over the five trading days ending Friday, according to The Block’s analysis of SoSoValue data.
The spot bitcoin (BTC) ETFs posted approximately $197.4 million in net inflows for the week, ending an eight-week run that had drained about $8.26 billion from the products. The funds last recorded a positive week in the five days ending May 8, when they brought in roughly $622.7 million, per the data.
The losing streak was the longest since the funds began trading in January 2024. The Block reported last weekend that the holiday-shortened week ending July 2 produced about $527 million in outflows, extending the run to eight weeks despite a large inflow on the final trading day.
Last week began with a $265.69 million inflow on Monday, followed by a smaller $21.44 million addition Tuesday. Investors then pulled a combined $180.16 million on Wednesday and Thursday before the funds recovered with $90.44 million in net inflows Friday.
Monday’s inflow alone exceeded the eventual weekly total, underscoring the limited size of the reversal. Friday’s inflows were also concentrated in just two products: BlackRock’s industry-leading iShares Bitcoin Trust (IBIT) took in $86.83 million, while VanEck’s HODL added $3.61 million. The remaining bitcoin funds reported no net flows.
Spot ether (ETH) ETFs posted approximately $84.4 million in weekly net inflows, also their first positive result since the week ending May 8.
The funds had shed about $1.20 billion over the preceding eight weeks. That losing run matched the category’s record, previously set between late February and mid-April 2025, The Block reported last weekend.
Ether funds recorded inflows during four of the week’s five sessions. Wednesday produced the largest gain at $70.48 million, while Thursday’s $52.08 million outflow was the week’s only negative day.
Friday added another $18.43 million, with BlackRock’s ETHA accounting for $16.20 million and Fidelity’s FETH drawing $2.23 million. The eight other products were flat for the session.
The turnaround remains modest compared with the preceding selloff. Bitcoin ETFs recovered approximately 2.4% of the capital lost during their eight negative weeks, while the ether funds recovered about 7%.
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Both groups also remain in negative territory for the year. Bitcoin ETFs have recorded roughly $5.34 billion in net outflows since the start of 2026, while ether funds have lost about $1.35 billion, according to The Block’s analysis of the SoSoValue data.
Bitcoin ETF net assets stood at $77.42 billion Friday against $51.28 billion in cumulative net inflows since launch. Ether ETF net assets totaled $9.59 billion, about $1.38 billion below the category’s $10.97 billion in cumulative inflows.
Trading activity remained subdued despite the return to inflows. Bitcoin ETF trading volume totaled about $8.41 billion for the week, the lowest figure for a full five-session week since October 2024. Ether ETF trading volume came to roughly $2.05 billion, its lowest full-week total since May 2025.
Bitcoin traded near $64,300 on Saturday morning, while ether changed hands around $1,810, according to The Block’s Bitcoin and Ethereum price pages.
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