US spot Bitcoin ETFs record $368M three-day inflow
US spot Bitcoin ETFs have recorded their first positive monthly inflow since April, signaling a potential shift in institutional sentiment after two months of heavy withdrawals.
US spot Bitcoin exchange-traded funds attracted $79.2 million on Thursday, extending a buying streak to three consecutive trading sessions. The consistent inflows underscore a tentative return of institutional demand for the digital asset class after a period of intense capital flight.
The daily flows, compiled by SoSoValue, followed $108 million in inflows on Wednesday and $181 million on Tuesday. This three-day accumulation of roughly $368 million has pushed cumulative net inflows into the US spot Bitcoin ETFs to $51.2 billion. Consequently, total assets under management for the funds have climbed to $77.7 billion.
For portfolio managers and market makers, the recovery in fund flows is a critical metric. It suggests that recent price weakness has not triggered a structural collapse in institutional holding patterns, but rather a temporary repositioning. The resilience in total assets under management, despite recent months of heavy withdrawals, indicates that a core base of capital remains committed to the ETF wrapper.
The renewed buying coincides with a modest price recovery for the underlying asset. Bitcoin briefly climbed above $65,000 on Wednesday, marking its first time trading at that level since late June, according to CoinGecko. By Friday, the cryptocurrency had retraced slightly to trade at $62,851.
From a market structure perspective, the current streak is most notable for what it represents on a monthly timeline. The recent $368 million influx has successfully pushed July’s net flows back into positive territory. This is a meaningful shift for market participants tracking fund momentum, as it halts a brutal two-month drawdown that saw investors pull $2.4 billion in May and $4.51 billion in June.
If the current trajectory holds, July will mark the first month of positive net flows since April, when the newly launched funds recorded $1.97 billion in inflows. A sustained positive month would help repair the technical damage inflicted on crypto-related equities and futures markets over the spring.
However, investors should note that the broader trend remains deeply negative. As of Friday, US spot Bitcoin ETFs were still down roughly $5.4 billion in net flows for 2026. Furthermore, Bitcoin itself was trading down about 28 percent since the start of the year, highlighting that a three-day buying streak does not yet constitute a full market recovery.
