Bitcoin Climbs Above $64,000 As ETF Inflows Return But Demand Remains Uneven -

US spot Bitcoin ETFs posted their first weekly net inflow in more than two months, but the modest rebound suggests price momentum is moving faster than fund demand.

Bitcoin moved back above $64,000 after US spot Bitcoin exchange-traded funds recorded their first weekly net inflow in more than two months, though the scale of the recovery in ETF demand remains modest compared with the sector’s recent redemptions.

According to a <a href="https://cryptoslate.com/bitcoins-64000-rebound-is-outrunning-etf-demand-despite-a-197-million-inflow/">CryptoSlate report</a>, the 13 US spot Bitcoin ETFs attracted a combined $197 million in net inflows for the week ending July 10. The result broke an eight-week stretch of net withdrawals during which investors pulled more than $8 billion from Bitcoin ETF products.

Bitcoin gained around 3% over the week and traded above the $64,000 level, with traders watching whether the asset can extend momentum toward $65,000. Still, the latest flows indicate that the price rebound is running ahead of a full recovery in institutional ETF demand.

Bitcoin ETFs End Eight-Week Outflow Streak

The return to positive weekly flows marks a notable change in tone for US spot Bitcoin ETFs after two months of persistent selling pressure. Data cited from <a href="https://sosovalue.com/assets/etf/us-btc-spot">SoSoValue</a> showed that the week opened with strong demand, as the funds recorded $265 million in net inflows on Monday, followed by another $21.4 million on Tuesday.

That momentum did not hold throughout the week. The ETF group saw net outflows of $84.8 million on Wednesday and $95 million on Thursday, before rebounding with $90.4 million of inflows on Friday. The Friday recovery was enough to leave the products in positive territory for the full five-day trading period.

The pattern points to improving sentiment but not yet a decisive return of sustained demand. A $197 million weekly inflow is significant after eight weeks of redemptions, but it remains small relative to the more than $8 billion that exited the sector during the prior downturn.

That imbalance helps explain why analysts are treating the ETF data with caution. Bitcoin’s price has recovered faster than ETF flows have normalized, suggesting that spot market buying, derivatives positioning, macro sentiment or reduced selling pressure may also be contributing to the rebound.

Ethereum Products Also See Renewed Demand

The improvement was not limited to Bitcoin. Spot Ethereum ETFs also recorded a positive week, with $84.42 million in net inflows, according to the same report. Like their Bitcoin counterparts, the Ethereum products ended an eight-week run of net redemptions.

The simultaneous recovery across Bitcoin and Ethereum ETF products suggests investors may be slowing their exit from crypto exposure after a prolonged period of risk reduction. However, the flows do not yet show a broad rush back into digital asset funds.

Ethereum’s return to weekly inflows may be particularly important for market sentiment because ETH investment products had also faced persistent redemption pressure. A stabilization in both leading crypto ETF categories could reduce one of the market’s recent headwinds, even if fresh demand remains uneven.

Price Momentum Outpaces Fund Flows

Bitcoin’s move above $64,000 comes as the ETF market shows early signs of stabilization, but the weekly data highlights a gap between price action and fund flows. The cryptocurrency gained ground despite midweek ETF outflows, indicating that ETF demand was not the only driver of the rally.

For much of 2024 and 2025, US spot Bitcoin ETFs have been closely watched as a gauge of institutional appetite. Strong inflows have often supported bullish sentiment, while sustained outflows have weighed on market confidence. The latest figures suggest that the most aggressive phase of redemptions may have eased, but they do not yet confirm a durable institutional accumulation trend.

The daily breakdown also shows that investors remain selective. Two days of sizable outflows nearly offset the early-week inflows before Friday’s recovery restored the positive weekly balance. That volatility in fund flows could remain a key factor for traders assessing whether Bitcoin can hold above $64,000 and challenge higher resistance levels.

Market Watches $65,000 as Sentiment Improves

The next test for Bitcoin may be whether the asset can convert the move above $64,000 into a sustained push toward $65,000. A continuation would likely require stronger spot demand, more consistent ETF inflows or a broader improvement in risk appetite across crypto markets.

For now, the ETF data offers a mixed signal. The end of an eight-week outflow streak is a constructive development for Bitcoin and Ethereum investment products, but the size and inconsistency of the inflows show that investor confidence is still rebuilding.

If ETF inflows strengthen in the coming sessions, the market may view the recent rebound as more durable. If flows turn negative again, Bitcoin’s advance above $64,000 could face renewed pressure, especially after a rally that has already outpaced the recovery in ETF demand.

Sources: – CryptoSlate – SoSoValue