US Spot ETFs Snap Eight-Week Outflow Streak with $281 Million Inflows

US spot Bitcoin exchange-traded funds (ETFs) have finally ended their eight-week streak of outflows, reporting a combined $197 million in net inflows during the July 6-10 period. This marks a significant shift for the sector, which had been experiencing withdrawals since May.

The same period saw US spot Ether ETFs also snap an eight-week outflow streak, with $84.42 million in net inflows. Among altcoin ETFs, Solana (SOL) and Hyperliquid (HYPE) posted notable gains, with $930,400 and $10.36 million in net inflows respectively.

However, not all altcoins fared well during this period, as spot XRP ETFs recorded a significant $7.18 million in net outflows.