U.S. spot Bitcoin exchange-traded funds recorded $265.69 million in positive inflows on Monday, marking their strongest single-day performance in over a month. The sudden influx halts a severe eight-week streak of withdrawals. That reversal aligns with recent macroeconomic commentary from Federal Reserve Chair Kevin Warsh, who signaled on July 2 that inflation risks are cooling.
As interest rate cut hopes revive, capital is flowing back into non-yielding risk assets. Total assets under management across Bitcoin ETFs climbed back to $77.32 billion, recovering from a June 30 low. Bitcoin itself steadied near $63,200 early Tuesday.
Fund-level data highlights a stark divergence among the major issuers. BlackRock’s IBIT fund absorbed the vast majority of Monday’s capital, pulling in $209.40 million according to SoSoValue. Grayscale’s mini BTC product added $42.25 million, and ARKB took in $32.98 million. But on the other side of the ledger, Grayscale’s flagship GBTC remained the sole loser of the session, shedding $44.45 million.
Ether ETFs mirrored the upward trajectory. Spot Ether funds added $20.66 million on Monday, driven almost entirely by BlackRock’s ETHA, which brought in $23.29 million on its own.
How the Fed Shift Bailed Out Crypto Funds
The July 6 turnaround follows a historically punishing stretch for cryptocurrency funds. Spot Bitcoin ETFs endured a record $4.5 billion exodus throughout June 2026, forcing the most severe structural test of the asset class since the funds launched in January 2024.
The bleeding only stopped after the Federal Reserve provided crucial relief regarding inflation data. The widening gap between BlackRock’s consistent capital attraction and Grayscale’s ongoing redemptions shows institutional investors are strictly prioritizing lower-fee structures as the initial launch hype settles into standard portfolio management.