CoinTelegraph

Bitcoin ETFs End July in Green Despite Late-Month Selling

August 1, 202604:23 AM
Bitcoin ETFs End July in Green Despite Late-Month Selling

US-listed spot Bitcoin ETFs attracted $172.4 million in net inflows during July, reversing two consecutive months of outflows according to SoSoValue data. Despite Bitcoin price volatility and a late-month selling wave, these investment products managed to end the month in positive territory, marking a significant recovery following heavy withdrawals in May and June.

However, the broader picture remains challenging as Bitcoin ETFs still show a negative year-to-date balance of $5.3 billion. The record daily outflow of $265.4 million registered on the last Friday of July highlights market instability and investor caution. These figures indicate that while there are signs of recovery, investor confidence in Bitcoin ETF products is still in its early stages.

This is a summarized and adapted version by Artificial Intelligence. To read the complete original story, visit the official source.

Read Full Article at CoinTelegraph
QR Code Lightning

Support Jornal Bitcoin

Independent journalism, curated by AI, no clickbait. Keep the flame alive with any amount of BTC.

Wallet of Satoshi
jonata@walletofsatoshi.com

Daily Crypto Brief 📬

Subscribe to receive the curation of the most important Bitcoin and crypto news, summarized by AI. No spam.

Join more than 10,000 smart readers.

Related News

Europe's Heat Waves Force Fossil Fuel Imports, Threatening Energy Security
Crypto Briefing

Europe's Heat Waves Force Fossil Fuel Imports, Threatening Energy Security

Record-breaking heat waves across Europe are causing severe disruptions to the energy sector, forcing the continent to increase its reliance on imported fossil fuels. This sudden shift in Europe's energy matrix is generating significant energy security concerns and threatens to drive up global oil prices, impacting financial markets and cryptocurrency assets.

The growing dependence on imported natural gas and oil comes as European countries struggle to maintain stability in their electrical grids under extreme temperatures. This scenario presents a dual challenge for the continent's energy transition, increasing energy price volatility and creating new geopolitical vulnerabilities. Crypto market analysts are closely watching how this energy instability may influence investor behavior and digital asset prices.
CryptoPotato

Double-Digit Altcoin Surge as Bitcoin Struggles at $63K: Weekend Market Watch

The cryptocurrency market is experiencing significant volatility as altcoins PUMP and PI post impressive double-digit gains while Bitcoin struggles to maintain levels around $63K. This divergence in performance between the flagship cryptocurrency and alternative digital assets is capturing the attention of investors seeking opportunities beyond BTC. The price movements of these altcoins suggest a potential 'altseason' cycle where investors diversify portfolios in pursuit of higher returns. Analysts note that Bitcoin's behavior may be influencing the broader market, yet altcoins demonstrate resilience and independent growth potential. Investors should closely monitor these trends as the crypto market continues to show signs of maturation and mainstream adoption.
CryptoPotato

Bitcoin Price Alert: 4 Reasons BTC Could Crash Further Next Week

Bitcoin (BTC) has already plunged by approximately $3,000, and analysts warn that further downside could be coming next week. The crypto market is on high alert as investors search for bottom signals amid the ongoing price correction.

This Bitcoin price downtrend is being driven by multiple factors including macroeconomic pressures, capital flow into safer assets, and regulatory uncertainties. Investors should closely watch support levels and market news, as BTC's volatility continues to pose challenges for both traders and long-term holders.
BlackRock's IBIT Leads Bitcoin ETF Exodus with $265M in Outflows
Crypto Briefing★ Featured

BlackRock's IBIT Leads Bitcoin ETF Exodus with $265M in Outflows

BlackRock's IBIT Bitcoin ETF is leading the exodus from spot Bitcoin ETFs with a staggering $265 million in outflows, signaling growing investor uncertainty amid cryptocurrency market volatility. These massive outflows represent a red flag for the entire Bitcoin ETF ecosystem, as experts warn that a vicious cycle of falling prices and redemptions could further destabilize the market, impacting not only ETFs but also Bitcoin's price on exchanges.
CryptoPotato

XRP Poised to Break 4-Year August Bearish Curse? Market Holds Breath

XRP stands at a critical juncture as August approaches, marking the fifth consecutive year the market watches with bated breath to see if the cryptocurrency will finally break its devastating negative performance streak. After four consecutive August downturns, analysts and investors remain divided on whether 2026 will be the year of reversal for the digital asset.

The seasonal trend of XRP in August has become a recurring theme in crypto market discussions, with many speculating about potential underlying fundamentals or mere statistical patterns. Regardless of the cause, breaking this sequence could boost confidence in the asset and attract new investors, while the continuation of the trend might reinforce doubts about XRP's resilience against seasonal pressures.
Chainlink Whale Moves 800K LINK From Coinbase Amid Market Shifts
Bitcoinist

Chainlink Whale Moves 800K LINK From Coinbase Amid Market Shifts

On-chain data tracked through Arkham reveals a Chainlink whale has moved 800,000 LINK tokens, worth approximately $6.8 million, from Coinbase to custody on July 30. The substantial transfer of LINK has captured the attention of the crypto market, sparking speculation about the potential motivations behind this significant movement of cryptocurrency.

Transfers of this magnitude by large cryptocurrency holders, commonly known as whales, often influence price and market sentiment. Moving such a substantial amount of LINK to custody could indicate a long-term strategy, possibly preparing for staking activities, or simply a portfolio rebalancing move. Investors and analysts are closely monitoring the LINK price, searching for signals about the market's next direction.
Jornal Bitcoin Logo