US spot Bitcoin ETFs recorded $79.2 million in net inflows on Thursday, pushing July back into positive territory after two months of outflows.

Bitcoin ETFs reversed last week’s inflows as investors pulled $424.66 million from US-listed funds, reigniting concerns over institutional demand.

Spot Bitcoin and Ethereum ETFs attracted $239.42M in combined net inflows on July 14, ending an eight-week outflow streak that saw over $8B exit Bitcoin