After ten consecutive days of outflows, U.S. spot Bitcoin ETFs finally caught a break. On July 2, the funds recorded net inflows of roughly $221.7 million, a small but symbolically significant reversal heading into the 4th of July holiday weekend.
The ten-day outflow run had drained approximately $2.7 billion from these products.
## Who bought, who didn’t
Fidelity’s FBTC was the standout, pulling in $165.96 million on the day. ARK Invest’s ARKB added $91.84 million, making it the second-largest contributor to the rebound.
BlackRock’s IBIT posted $40.43 million in outflows, its eleventh straight day of redemptions.
