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U.S. spot Bitcoin ETFs booked $79.15M in total net inflows on July 16, with BlackRock's IBIT once again leading the field at $33.44M, per SoSoValue data. The headline figure extends a quieter stretch of positive flows for BTC products after several volatile sessions earlier in the month.
Why it matters
The split tape tells two stories. Spot ETH ETFs posted $28.04M in total net outflows the same day, with Bitwise's ETHW the lone bright spot at $2.28M in inflows. BlackRock's ETHA dominated the redemption side, which keeps structural selling concentrated in the largest product rather than spread across the complex.
Market impact
BTC ETF flows remain the cleaner read on institutional appetite, with IBIT doing the heavy lifting on most positive days. ETH products still lack a comparable single anchor; until one emerges, rotation within the ETH ETF complex will keep the net prints noisy day to day.
Frequently asked questions
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How much did US spot Bitcoin ETFs take in on July 16?
Spot BTC ETFs booked $79.15M in total net inflows on July 16, led by BlackRock's IBIT with $33.44M, according to SoSoValue.
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What did spot Ethereum ETFs do on the same day?
Spot ETH ETFs posted $28.04M in total net outflows on July 16, with BlackRock's ETHA dominating redemptions and Bitwise's ETHW the lone inflow at $2.28M.
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Which fund led BTC ETF inflows on July 16?
BlackRock's IBIT led with $33.44M of the $79.15M in total net inflows, per SoSoValue data.
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Why is the BTC vs ETH flow split significant?
BTC ETF demand remains anchored through IBIT, while ETH products lack a comparable single anchor and continue to print noisy daily flows.
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Where does the underlying ETF flow data come from?
The figures are sourced from SoSoValue, which aggregates daily creation and redemption data across US-listed spot BTC and ETH ETFs.
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