US Bitcoin ETFs Break 10-Day Losing Streak With $222 Million in Inflows as Bitcoin Reclaims $61K

U.S. spot Bitcoin exchange-traded funds (ETFs) ended a 10-day streak of internet outflows on Thursday, attracting $221.7 million in recent capital as weaker-than-expected U.S. financial knowledge boosted expectations that the Federal Reserve may ease its financial stance. The renewed institutional demand helped Bitcoin rebound above $61,000 after falling under $58,000 earlier within the week, providing traders a uncommon optimistic sign following one of many sector’s weakest months on report.

In keeping with SoSoValue, Thursday’s inflows had been the biggest day by day whole for U.S. spot Bitcoin ETFs in almost two months, reversing a interval that noticed traders withdraw roughly $2.73 billion from the funds over the earlier 10 buying and selling periods. The restoration follows a tough June, throughout which U.S.-listed Bitcoin ETFs recorded roughly $4.5 billion in internet outflows, making it the industry’s worst month for the reason that merchandise launched in January 2024.

Constancy Leads Institutional Shopping for

Constancy’s Smart Origin Bitcoin Fund (FBTC) accounted for almost all of Thursday’s inflows, attracting $165.96 million. The ARK 21Shares Bitcoin ETF (ARKB) adopted with $91.84 million, whereas VanEck’s HODL added $4.35 million.

The one main fund to publish losses was BlackRock’s iShares Bitcoin Belief (IBIT), which recorded $40.43 million in internet outflows. The world’s largest spot Bitcoin ETF has now skilled a number of consecutive periods of investor withdrawals relationship again to mid-June, though it stays the dominant fund by belongings below administration.

Whereas someday of optimistic flows does little to offset current promoting, it marked the primary time since early Could that U.S. Bitcoin ETFs collectively attracted greater than $200 million in new investments, suggesting institutional sentiment could also be stabilizing.

U.S. Spot Bitcoin ETF Flows (Supply: SosoValue)

Bitcoin Recovers Above $61,000

The advance in ETF demand coincided with a restoration in Bitcoin’s market worth.

Bitcoin had fallen to its lowest stage in roughly 21 months earlier this week amid broad macroeconomic uncertainty and continued ETF outflows. Nevertheless, following Thursday’s financial knowledge, the cryptocurrency climbed again above $61,000, buying and selling round $61,800 on the time of writing, in accordance with CoinGecko.

The rebound additionally lifted broader digital asset markets after weeks of strain pushed by issues that elevated U.S. rates of interest would proceed weighing on speculative investments.

Bitcoin (BTC) Worth Efficiency on July 03, 2026 (Supply: CoinMarketCap)

Weak Jobs Report Shifts Fee Expectations

The first catalyst behind Thursday’s restoration was a softer-than-expected U.S. labor market report.

The June employment report confirmed the U.S. financial system added simply 57,000 nonfarm payrolls, nicely under economists’ consensus estimate of round 110,000. The weaker hiring figures strengthened market expectations that the Federal Reserve may undertake a extra accommodative coverage path if financial development continues to gradual.

Federal Reserve Chair Kevin Warsh additionally indicated that inflation dangers have eased, serving to reinforce expectations that policymakers could not must tighten financial coverage additional.

The shift pushed Treasury yields and the U.S. greenback decrease, making a extra supportive atmosphere for non-yielding belongings similar to Bitcoin. Traditionally, cryptocurrencies have benefited when expectations for larger rates of interest start to fade.

Analysts Hyperlink ETF Demand to Bettering Macro Sentiment

Analysts largely attributed Thursday’s ETF inflows to bettering macroeconomic circumstances moderately than crypto-specific developments.

Andri Fauzan Adziima, analysis lead at Bitrue Analysis Institute, mentioned easing inflation issues and the Federal Reserve’s softer tone helped enhance total market sentiment, encouraging traders to return to digital belongings. He added that the identical pattern is starting to profit spot Ethereum ETFs, which attracted $14.9 million in inflows on Wednesday and one other $29.1 million on Thursday, in accordance with SoSoValue.

Tim Solar, senior researcher at HashKey, likewise argued that earlier ETF outflows mirrored market pricing in the opportunity of further interest-rate hikes. As expectations for tighter financial coverage have weakened following the most recent jobs report, traders have turn out to be extra keen to allocate capital again into Bitcoin.

U.S. Spot ETH ETF Flows (Supply: SosoValue)

Restoration Stays Fragile

Regardless of Thursday’s encouraging figures, market observers warning {that a} single day of inflows will not be sufficient to verify a sustained restoration.

The earlier 10-day outflow streak erased greater than $2.7 billion from U.S. spot Bitcoin ETFs, whereas cumulative internet flows for 2026 stay deeply damaging. Thursday’s $221.7 million influx due to this fact represents solely a small fraction of the capital that left the market throughout June.

Traditionally, Bitcoin bull markets have been supported by constant institutional shopping for via ETFs moderately than remoted day by day inflows. Buyers can be watching carefully to see whether or not Thursday’s rebound develops right into a broader pattern over the approaching weeks.

Stephen Wundke, technique and income director at Algoz Applied sciences, believes current consumers are benefiting from oversold circumstances after traders rotated closely into defensive belongings similar to U.S. Treasury payments in the course of the current selloff. He famous that declining Treasury yields and easing oil costs level to moderating inflation, probably bettering the outlook for threat belongings.

Nonetheless, he expects Bitcoin to stay range-bound earlier than establishing a clearer path. That cautious outlook is mirrored in prediction markets, the place merchants proceed assigning a considerably larger likelihood that Bitcoin’s subsequent main transfer can be towards $55,000 moderately than $84,000.

For now, the return of greater than $221 million in ETF inflows offers a fine addition after weeks of persistent promoting. Whether or not it marks the start of renewed institutional accumulation or merely a short-term rebound will rely largely on upcoming U.S. financial knowledge, Federal Reserve coverage choices, and whether or not ETF demand stays optimistic within the weeks forward.