Bitcoin, ether ETFs draw inflows as majors rise as much as 5%

U.S. spot bitcoin ETFs took in about $181 million on Tuesday, a day after shedding roughly $425 million, per SoSoValue data. Ether ETFs added about $58 million.

BlackRock’s IBIT drove almost all of it, pulling in roughly $139 million, with Fidelity’s FBTC adding about $21 million. No bitcoin fund lost money. On the ether side, BlackRock’s ETHA accounted for the entire net figure at about $58 million, with every other fund flat.

The swing tracks the price. Bitcoin ETFs rose close to 4% on the day and ether funds about 6%, the strongest single-session move in weeks.

Total bitcoin ETF assets climbed back to roughly $78 billion from about $75 billion, and ether ETF assets crossed $10 billion.

July’s flows have been choppy rather than directional. Bitcoin ETFs have swung between inflows and outflows nearly every other session this month, with July 13’s $425 million redemption the largest of the run and Tuesday’s rebound the second largest inflow. Neither side has held for more than three days.