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Fidelity’s FBTC Leads $222 Million Bitcoin ETF Rebound After 10 Days of Outflows

Reported by News
Jul 3, 2026· 2 min read
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Key Takeaways
  • • Bitcoin ETFs rebounded with $221.72 million in net inflows on Thursday, July 2, 2026, marking the largest inflow since May 5 and ending a 10-day consecutive outflow streak that had drained approximately $2.7 billion from the category.
  • • Fidelity's FBTC dominated the recovery, capturing $165.96 million in inflows, followed by Ark & 21Shares' ARKB with $91.84 million, while BlackRock's IBIT recorded the only significant outflow at $40.43 million.
  • • The rebound extended beyond bitcoin to ethereum ETFs, which attracted $29.08 million in net inflows led by BlackRock's ETHA ($29.74 million), signaling renewed institutional investor confidence across multiple crypto asset classes.
  • • Total bitcoin ETF net assets closed at $74.37 billion with $2.13 billion in daily trading volume, while ethereum ETF net assets reached $9.02 billion with $669.66 million in daily trading volume.
Summary
Crypto exchange-traded funds posted a decisive turnaround on July 2, 2026, as bitcoin ETFs attracted $221.72 million in net inflows—the category's strongest single-day performance since May 5 and the first positive session following ten consecutive trading days of redemptions. The rebound ended a punishing June that had seen sustained outflows drain roughly $2.7 billion from spot bitcoin ETF products, signaling a potential shift in institutional sentiment after weeks of capital withdrawal.

Fidelity's FBTC spearheaded the recovery with $165.96 million in inflows, reinforcing its position as the dominant player in the U.S. spot bitcoin ETF market. Ark & 21Shares' ARKB contributed substantially with $91.84 million, while Vaneck's HODL added $4.35 million. BlackRock's IBIT remained the sole outlier among major products, recording a $40.43 million outflow, though the broader category's strength proved sufficient to pull the entire bitcoin ETF complex decisively into positive territory. Daily trading volume across bitcoin ETFs reached $2.13 billion, with total net assets across the category closing at $74.37 billion.

The positive momentum extended beyond bitcoin into ethereum and other digital assets. Ethereum ETFs posted $29.08 million in net inflows, with BlackRock's ETHA leading at $29.74 million, Vaneck's ETHV adding $1.24 million, and Fidelity's FETH contributing $846,460. Grayscale's ETHE recorded a modest $2.75 million outflow. Ethereum ETF net assets closed at $9.02 billion with $669.66 million in daily trading volume. The publisher's summary noted that XRP, Solana, and other crypto ETFs also attracted inflows, indicating renewed institutional demand across multiple crypto asset classes rather than concentration in a single product.

The one-day rebound follows a challenging period for crypto asset managers, as sustained June outflows reflected broader market volatility and shifting capital allocation strategies. The July 2 session provided the first meaningful sign that institutional investors may be positioning for renewed exposure to digital assets after extended redemptions, though flow patterns in subsequent trading days would be critical to determining whether this represents a durable trend reversal or a temporary tactical bounce.

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Sources

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News Fidelity’s FBTC Leads $222 Million Bitcoin ETF Rebound After 10 Days of Outflows