Bitcoin ETFs attracted $233.1 million in net inflows on July 30, marking their strongest daily result in more than three weeks and returning the funds to positive territory for both the week and July. According to Farside Investors' daily flow table, BlackRock's iShares Bitcoin Trust (IBIT) led with $183.4 million, accounting for 78.7% of the daily total while reporting $47.67 billion in assets. Bitwise's BITB followed with $20.7 million, while Fidelity's FBTC added $15.5 million and Morgan Stanley's MSBT received $7.4 million. The SoSoValue Bitcoin ETF dashboard reported total net assets of about $78.76 billion after the July 30 session, with no fund reporting a net outflow during the session, making the rebound broader than an IBIT-only increase.
BlackRock clients purchased $273.2 million worth of Bitcoin over two days after selling $63.6 million earlier in the week, according to Arkham's on-chain data. The buying made BlackRock close to the entire US spot Bitcoin ETF market this week, with IBIT taking in a net $209.6 million across the four sessions from July 27 to July 30, as per Farside Investors. The full 13-fund complex took in $203.9 million, with every other fund combined therefore coming out slightly negative. IBIT supplied $183.38 million of the $233.13 million that arrived on July 30, or 79% of the total - the largest single-day inflow since July 6. Arkham's on-chain tally reconciles exactly with those creations, showing IBIT redeemed $8.8 million and $54.8 million on July 27 and July 28, producing the earlier selling, followed by creations of $89.8 million and $183.4 million.
July flows reached approximately $438.2 million through July 30, positioning Bitcoin ETFs to reverse two consecutive months of withdrawals. As per Farside's data, the funds entered July 31 with about $203.9 million in weekly net inflows, based on figures for Monday through Thursday. A Friday outflow larger than that amount would return the week to negative territory, otherwise the products would complete a fourth consecutive positive week. Bitcoin ETFs began July by ending a ten-day withdrawal run with $221.7 million in inflows, followed by strengthening and weakening demand several times, showing that institutional flows remained uneven rather than moving in one direction. The July recovery has regained only a small part of the capital removed during May and June, when the funds lost approximately $2.41 billion in May and $4.51 billion in June.
The average U.S. Bitcoin ETF buyer is now down -22%, according to research firm Hedgeye citing Bloomberg Intelligence data published on July 28. The underlying chart puts the gross cost basis of all US spot Bitcoin ETF purchases at $82,249, measured against the $64,114 price it marks, that is a 22% shortfall. Bitcoin traded around $62,907 on Friday, down 2.96% over 24 hours, with the gap widening to roughly 24% at that level. Aggregate unrealized losses hit $16.33 billion on July 20, while the same measure peaked at an $86.32 billion gain on October 6, 2025, the day Bitcoin set its $126,080 record. Despite the recovery, neither Bitcoin nor Ethereum have moved decisively in the past 24 hours, suggesting limited institutional appetite for cryptocurrency exposure.
Bitcoin is on track to post its first monthly gain since April, up 9.3% in July, while spot trading volume has dropped toward multi-year lows. According to Coinglass, Bitcoin fell 20.4% in June, marking its worst monthly performance since June 2022, followed by a more modest 3.5% decline in May. At the time of writing, Bitcoin was trading near $63,144 on July 31, according to CoinGecko market data, with its 24-hour range extending from approximately $62,785 to $65,060, leaving the asset below the benchmark price used for BlackRock's July 30 fund valuation. However, K33 Research puts average daily Bitcoin spot trading volume at roughly $2.2 billion in July, with July 2026 on track to record the lowest average daily BTC spot trading volume since November 2023.
