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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
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Sign InIn a move reflecting a recovery in digital asset momentum, U.S. spot Bitcoin ETFs recorded their first positive weekly net inflows since May. According to reports, these funds attracted $90.44 million in net inflows on July 10, with BlackRock's IBIT fund leading the activity by contributing $86.83 million to the total, while Ethereum funds added a further $18.43 million on the same day.
This shift follows a period of waning institutional appetite, as analysts compare these figures to the record-breaking inflows seen in the first quarter of the year. Per market data, BlackRock continues to solidify its position as the leading regulated digital asset manager, outperforming inflows seen in peer funds from Fidelity and VanEck, coinciding with major cryptocurrencies stabilizing above critical technical support levels.
Investors should watch for the sustainability of these inflows, as BLK shares closed at $1036.11 (close July 10, 2026). With no immediate crypto-specific catalysts in the upcoming economic calendar, market participants remain focused on daily spot fund flow reports to determine if this rebound signals a definitive sentiment bottom or a temporary correction.