New York, July 19, 2026 – Preliminary data from Farside indicates that U.S.-listed Bitcoin and Ether exchange-traded funds (ETFs) recorded a second consecutive week of positive inflows, though the pace of recovery moderated. Total net inflows reached $181.0 million for the week ending July 17, a decline of 35.8% compared to the prior week's $281.8 million.
Ether-focused funds drew $105.5 million, representing 58.3% of the combined total, a sharp increase from 30% in the previous week. In contrast, Bitcoin products attracted $75.5 million, down from $197.4 million the week before. This shift suggests a rotation in investor preference rather than a broad-based increase in risk appetite, as Ether prices rose 4.0% over the past seven days while Bitcoin advanced only 0.5%.
BlackRock (NYSE: BLK) products played a dominant role in the weekly figures. The iShares Bitcoin Trust (NASDAQ: IBIT) attracted $204.1 million, accounting for 2.7 times the net inflow of the entire Bitcoin ETF category. Competing Bitcoin funds experienced $128.6 million in outflows. On the Ether side, the iShares Ethereum Trust (NASDAQ: ETHA) saw inflows of $135.3 million, and the staked Ether product (NASDAQ: ETHB) added $4.0 million, while other Ether funds recorded $33.8 million in outflows.
Overall, BlackRock drew in $343.4 million across both assets, while all other products combined saw net outflows of $162.4 million. This concentration underscores that the positive aggregate number was supported almost entirely by a single issuer. Bitcoin flows showed a marked intra-week turnaround: after losing $424.7 million on Monday, the category posted $500.2 million in inflows over the next four sessions.
Market sentiment remains fragile. Eric Balchunas, senior ETF analyst at Bloomberg Intelligence, noted that Bitcoin funds have the potential for “spectacular gains” as well as “painful drawdowns,” highlighting how quickly sentiment can shift. The $424.7 million outflow on Monday served as a reminder of weak demand, and if BlackRock were to see outflows, the weekly gain for the category could be wiped out.
Bitcoin briefly dipped below $62,500 before recovering. WazirX founder Nischal Shetty commented that softer U.S. inflation data helped both Bitcoin and Ethereum recover, as reported by The Economic Times. As of 09:11 EDT Sunday, Bitcoin hovered around $64,330, while Ether traded near $1,870. U.S. stock and ETF exchanges were closed for the weekend, but cryptocurrency trading remained active.
Looking ahead, ETF trading resumes on Monday. The U.S. economic calendar is sparse ahead of the Federal Reserve's July 28-29 meeting, with jobless claims due Thursday and flash PMIs and new-home sales scheduled Friday. Fed officials are in a blackout period until July 30. The next key measure for crypto fund flows is breadth: a third consecutive week of gains driven by multiple issuers would signal that demand is not limited to a single manager.
The week ending July 10 marked the first inflow since May, ending an extended period of redemptions. However, the slowdown in the latest week and the reliance on BlackRock suggest that the recovery is still tentative. Market participants will be watching closely for signs of broader investor participation in the weeks ahead.
