Bitcoin ETF Flows: Latest Inflows & Outflows + How to Read Them

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Last updated: 2026-07-23 (this page is refreshed monthly).

Bottom line: the recovery kept building — a 7-day, ~$1B inflow streak (through July 22, the longest run since spring) — before Thursday, July 23 broke it with a -$225M net outflow (BlackRock's IBIT led redemptions at -$202.5M). The week still finished net positive overall, roughly +$274M through Thursday's close. That's real progress but still nowhere near enough to offset June's roughly $4.1-4.5B outflow month; 2026 flows remain net negative by roughly $4.8-5.4B (estimates vary by tracker and exact date measured).

Latest flows (as of 2026-07-23)

• June recap: the record 13-day, ~$4.4B outflow streak (mid-May–June 4) was followed by a rougher full-month total — US spot Bitcoin ETFs shed roughly $4.1–4.5B net in June 2026 overall (figures vary by tracker), the worst monthly reading since the funds launched in January 2024.
• Week ending July 10: flows flipped net positive — +$197M, ending an 8-week streak of net outflows. Week ending July 17: a second straight positive week, +$75.7M (July 17 alone: +$132.3M).
• July 20–22 streak: three more up days — +$226.8M (Jul 20), +$203.2M (Jul 21), +$69.1M (Jul 22) — completed a 7-consecutive-day inflow streak totaling roughly $1B, the longest run since spring.
• July 23: the streak broke with a -$225M net outflow — BlackRock's IBIT led redemptions at -$202.5M, with smaller outflows from Fidelity, Bitwise, ARK, Franklin Templeton and WisdomTree partly offset by a small Morgan Stanley inflow. Despite the reversal, the week as a whole (Mon-Thu) still closed net positive at roughly +$274M.
• 2026 year-to-date: still net negative, estimated at roughly $4.8–5.4B depending on the tracker and exact date measured — the first calendar year the US spot Bitcoin ETF complex has been net negative overall.

Figures move daily/weekly and differ slightly by data tracker — confirm the latest with the data providers before acting on any single number.

How to read ETF flows (the part that matters)

• Net inflow = new buying pressure; net outflow = selling/redemptions. Watch the sign and size, daily and cumulative.
• IBIT dominates: BlackRock's IBIT is usually the bulk of the total, so "the ETF complex" largely tracks IBIT — though on July 8 it was Grayscale's GBTC/Mini Trust pair driving the net figure.
• Cyclical vs structural: short outflow runs often track a falling price (cyclical) and don't necessarily signal a trend reversal — read them with the streak length and AUM level.
• Flows are one input: pair them with price, volume and macro (rates, risk appetite). Early July's swings were reportedly tied to a weak June US jobs report cooling Fed rate-hike expectations, then fading again days later.

Why it matters

Spot ETFs are the main regulated rail for institutional and retail money to move in and out of BTC, so flows are a thermometer for supply/demand and market tone — not a price prediction.

Notes (YMYL)

Informational only, not investment advice. ETF flows are past/present facts and do not guarantee future price moves. Invest at your own risk.

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