U.S. spot Bitcoin exchange-traded funds recorded seven consecutive trading days of net inflows between July 14 and July 22, the longest uninterrupted run since October 2025. Bitcoin reached an intraday high of $66,313 as regulated fund demand strengthened alongside the spot-market recovery.
Santiment tracked $981.2 million in net inflows during the seven-session stretch. Farside Investors also recorded a positive aggregate result on every trading day, with the largest daily totals reaching $226.8 million on July 20 and $203.2 million on July 21.
BlackRock’s IBIT supplied most of the demand across the period, adding inflows in each session. Fidelity’s FBTC, Bitwise’s BITB, Ark Invest and 21Shares’ ARKB and the Grayscale Bitcoin Mini Trust also contributed, while GBTC continued to post intermittent redemptions.
Inflows Reverse Heavy Redemption Stretch
The streak began one session after the funds lost $424.7 million on July 13, led by withdrawals from Fidelity’s FBTC and BlackRock’s IBIT. Bitcoin products then returned to a $181.1 million inflow on July 14, starting the current positive run.
The reversal followed an eight-week ETF outflow streak that extended into early July. U.S. spot Bitcoin funds had also registered a record $6.35 billion rolling 30-day net outflow during June, the heaviest redemption window recorded since the products launched.
ETF flows measure creations and redemptions in fund shares rather than direct exchange purchases. Several consecutive positive sessions nevertheless indicate that demand for regulated Bitcoin exposure has returned after the extended withdrawal period.
Bitcoin Approaches $70,000 Test
The previous inflow streak of comparable length came in early October 2025, when Bitcoin climbed toward its record above $126,000. That seven-day run attracted more than $5 billion, substantially exceeding the capital recorded during the latest stretch.
Santiment identified $70,000 as the next price area supported by the current ETF pattern if positive daily flows continue. The analytics firm also warned that a sudden, outsized inflow session could signal overheated demand and short-term FOMO rather than sustainable accumulation.
Bitcoin traded near $65,565 after reaching $66,313 during the session, leaving the market below the $70,000 level last traded during its earlier 2026 recovery attempts.
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