US bitcoin-based spot exchange-traded funds ended July 2026 with a net capital inflow of $172.4 million, breaking a two-month series of outflows. This positive result was achieved despite the increased volatility at the end of the reporting period, when on July 31 there was a maximum daily withdrawal of $265.4 million. The return of liquidity inflows marked an improvement in market sentiment after almost $7 billion was withdrawn from these instruments in the previous two months, with the June figure of $4.5 billion being the worst since the launch of the products in early 2024.

Despite the improvement in July, the accumulated net outflow from US spot bitcoin ETFs since the beginning of this year remains significant and amounts to about $ 5.29 billion. Only three months showed positive dynamics — March, April and July, which together provided an inflow of $ 3.46 billion. At the same time, January, February, May, and June accounted for about $8.75 billion in withdrawals. Nevertheless, over the entire period of operation, these products have attracted 51.32 billion dollars of investments, and their total net assets at the end of July were estimated at 76.29 billion dollars.

Ethereum-based spot exchange-traded funds showed more stable dynamics, ending July with a net inflow of $365.2 million and recording four consecutive weeks of growth. For these instruments, the month was the second most profitable of the year, although the accumulated result has remained negative since the beginning of the year and amounts to about $ 1.1 billion. Additional investor interest was attracted by XRP and Solana-based structures, which increased by $27.3 million and $14.6 million, respectively. The success of XRP funds, which have raised about $343 million since the beginning of the year, stands out against the background of a general decline in trading volumes in the digital asset market to the lows of November 2023.

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The material has been prepared solely for informational purposes and does not constitute financial advice or recommendation.