US spot Bitcoin ETFs recorded a net inflow of $221 million on July 3, 2026, breaking a 10-consecutive-day outflow streak that had drained $2.73 billion from the funds. The reversal, the largest single-day inflow in nearly two months, coincided with Bitcoin’s price bouncing back to around $61,500 after touching 21-month lows below $58,000 earlier in the week.
According to data from SoSoValue, Fidelity’s FBTC led the session with $165.96 million, accounting for three-quarters of the day’s total. ARK 21Shares Bitcoin ETF (ARKB) added $91.84 million, while VanEck’s HODL saw a modest $4.35 million. In a notable divergence, BlackRock’s iShares Bitcoin Trust (IBIT) – the world’s largest Bitcoin ETF by assets – recorded a $40.43 million outflow, suggesting a rotation of capital between issuers rather than uniform re-entry.
Despite the strong one-day inflow, year-to-date net outflows across all US spot Bitcoin ETF products remain at $5.4 billion, underscoring that Thursday’s figure is a meaningful signal but not a reversal of the broader trend. Analyst commentary had previously framed the prolonged June selling as positioning and liquidity management rather than a rejection of Bitcoin as an asset class. ETF flows are estimated to explain approximately 45% of weekly Bitcoin price moves, making sustained inflows a structural input for price recovery. For the bounce to hold, the $221 million day must be the start of a multi-week inflow streak, not an isolated spike.
In a separate but related ETF operational development, Grayscale transferred 814 Bitcoin and 11,421 Ethereum – valued at roughly $70 million – to Coinbase Prime. On-chain data from Arkham Intelligence records the move as part of Grayscale’s routine redemption settlement procedures for its spot Bitcoin and Ethereum ETFs. Such deposits are linked to daily share redemptions and do not indicate a change in investment strategy or bearish market signal. The assets are moved to facilitate efficient delivery to authorized participants, not for immediate sales.
