Bitcoin and Ether ETFs Attract $286 Million on July 6 as BlackRock's IBIT Leads Recovery

On July 6, Bitcoin and Ether ETFs collectively attracted $286 million in net inflows, marking a sharp reversal after weeks of heavy redemptions. Bitcoin ETFs posted $265.69 million, led by BlackRock's IBIT with a $209.4 million inflow, while Grayscale's Bitcoin Mini Trust added $42.25 million and Ark & 21Shares' ARKB contributed $32.98 million. Ether ETFs gained $20.66 million, primarily through BlackRock's ETHA with a $23.29 million inflow.

Altcoin ETFs also participated in the rally, with Solana ETFs adding $8.36 million and HYPE ETFs gaining $8.43 million. The inflows mark the first back-to-back positive session for Bitcoin ETFs since May 6, signaling a potential shift from forced selling to renewed institutional demand at more attractive price levels.