Bitcoin ETFs Attract $222M, Ending 10-Day Outflow Streak

On July 3, 2026, U.S. spot Bitcoin exchange-traded funds (ETFs) saw inflows of $221.7 million, breaking a 10-day streak of outflows. This daily increase, the largest in approximately two months, followed a period that had drained about $2.7 billion from the funds and closed out June as the worst month on record for Bitcoin ETFs, with around $4.5 billion in total outflows.

Initially, Fidelity's FBTC led the charge with inflows of $166 million, while ARKB attracted $91.8 million, and VanEck's HODL added $4.4 million. In contrast, BlackRock's IBIT experienced an outflow of $40.4 million, extending its downward trend since mid-June.

The recent inflow appears to be influenced by a soft U.S. jobs report, which noted that only 57,000 nonfarm payrolls were added in June—a significant drop from the anticipated 110,000. This data shift, alongside comments from Federal Reserve Chair Kevin Warsh indicating that inflation risks have eased, has improved overall market sentiment, according to Andri Fauzan Adziima, research lead at Bitrue Research Institute.

Adziima noted, "the same positive shift is now supporting renewed flows into Ethereum ETFs as well," referencing recent inflows into Ethereum that reached $14.9 million on one day and $29.1 million the next. Tim Sun, senior researcher at HashKey, highlighted that persistent outflows had correlated with market pricing in further rate hikes, thus affecting the dollar and real yields against non-yielding assets like Bitcoin. This new sentiment shift may indicate a recovery, but analysts caution against making premature conclusions based on one day's performance.

As the market responds to evolving economic signals, analysts recommend monitoring upcoming data releases and Fed communications, which may continue to influence investment trends within crypto assets.