Bitcoin ETF Inflows Hit $223.5M on July 2, Easing Pressure Amid Corporate Treasury Selling

According to Farside Investors data, U.S. spot Bitcoin ETF funds recorded $223.5 million of net inflows on July 2, ending a period of heavy redemptions. Fidelity's FBTC led with $166.0 million of inflows, while Ark and 21Shares' ARKB added $91.8 million, though BlackRock's IBIT posted $40.4 million of outflows. Bitcoin traded near $63,200 on Tuesday, with intraday swings between $61,350 and $64,435, reflecting continued market instability.

The rebound comes as corporate treasury sales add downside pressure. Strategy sold 3,588 BTC between June 29 and July 5, following a $8.32 billion loss on its digital asset holdings in Q2 2026. The shift from accumulation to selective monetization has raised questions about institutional conviction, particularly as investors debate whether the market is stabilizing or rebounding within a broader correction.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments