๐ Bitcoin ETFs Snap 10-Day Outflow Streak With $221M Inflow
US spot Bitcoin ETFs pulled in $221.7M on July 3, ending a brutal 10-day run that drained $2.7B โ the worst outflow stretch since the products launched. BTC had slid to a 21-month low near $58K before bouncing after a weak June jobs report (just 57K payrolls) eased Fed rate fears. Fidelity's FBTC led with $166M of the day's haul. Year-to-date ETF net outflows still sit at -$5.4B, so one good day doesn't fix everything โ is institutional demand finally coming back, or just a blip? Not financial advice.
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