NEW YORK, July 19, 2026, 09:11 EDT
- Preliminary data showed U.S. Bitcoin and Ether funds attracted $181.0 million in the week to July 17.
- Ether accounted for 58% of inflows, rising from 30% the previous week.
- BlackRock NYSE:BLK products attracted $343.4 million, outweighing $162.4 million in outflows from other funds.
U.S. crypto funds recorded a second consecutive week of gains, though the rebound slowed. Total inflows were $181.0 million for the week ending Friday, a decrease of 35.8% compared to the previous week.
Ether funds attracted $105.5 million, accounting for 58.3% of the overall total. Bitcoin products received $75.5 million in inflows. The week before, Bitcoin made up 70% of the combined inflows.
The data suggests a rotation rather than widespread risk appetite. Ether rose 4.0% in the past seven days, while Bitcoin advanced 0.5%.
U.S. stock and ETF exchanges were shut on Sunday, while cryptocurrency trading was active. Bitcoin hovered around $64,330 as of 09:11 EDT. Ether was close to $1,870.
The change was abrupt:
| U.S. crypto-fund flows | Week ended July 10 | Week ended July 17 | Change |
|---|---|---|---|
| Bitcoin | +$197.4 million | +$75.5 million | -61.8% |
| Ether | +$84.4 million | +$105.5 million | +25.0% |
| Combined | +$281.8 million | +$181.0 million | -35.8% |
| Ether share | 30.0% | 58.3% | +28.3 percentage points |
Initial estimates rely on Farside’s daily series. Decrypt’s coverage also cited the July 10 figures.
Bitcoin flows showed a marked turnaround. After losing $424.7 million on Monday, funds posted $500.2 million in inflows over the next four sessions.
BlackRock’s iShares Bitcoin Trust NASDAQ:IBIT attracted $204.1 million for the week, accounting for 2.7 times the category’s net inflow. Competing Bitcoin funds saw $128.6 million in outflows.
BlackRock’s iShares Ethereum Trust (NASDAQ:ETHA) saw inflows of $135.3 million, while its staked Ether product (NASDAQ:ETHB) attracted $4.0 million. Competing Ether funds recorded outflows totaling $33.8 million.
BlackRock drew in $343.4 million across both assets, while all other products saw collective outflows totaling $162.4 million. As a result, the overall positive figure was supported by a single manager.
The week ending July 10 posted the first inflow since May, with $281.8 million coming in after an extended period of redemptions.
Eric Balchunas, senior ETF analyst at Bloomberg Intelligence, said Bitcoin funds have the potential for “spectacular gains” as well as “painful drawdowns.” Monday’s outflow highlighted how rapidly market sentiment can shift. The Block
Bitcoin dropped under $62,500 for a short period before bouncing back. WazirX founder Nischal Shetty said softer U.S. inflation “helped both Bitcoin and Ethereum recover.” The Economic Times
ETF trading restarts Monday. The U.S. has a sparse data calendar ahead of the Fed’s July 28-29 meeting. Jobless claims are due Thursday, with flash PMIs and new-home sales scheduled Friday. Fed officials remain in blackout until July 30.
Risks: The $424.7 million exit on Monday highlighted weak demand. If BlackRock sees outflows, the weekly gain for the category could be wiped out.
The next measure is breadth. A third consecutive week of gains, driven by multiple issuers, would indicate that demand is not limited to a single manager.
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