Bitcoin (BTC) Steadies as BlackRock’s ETF Inflows Lengthen Seven-Week Streak; ETH Eyes $4k…

The US S&P World Providers PMI rose from 52.9 in June to 55.2 in July. Accounting for round 80% of the US GDP, the upswing signaled a pickup in financial momentum. Labor market information supported an upbeat outlook as preliminary jobless claims fell from 221okay (week ending July 12) to 217okay (week ending July 19).

Notably, the US BTC-spot ETF market snapped a three-day shedding streak on July 24 in response to the financial information. Regardless of outflows from some funds, total BTC-spot ETF web inflows prolonged the market’s seven-week streak.

In line with Farside Traders, complete web inflows reached $72.three million within the week ending July 25. Key flows for the week included:

• iShares Bitcoin Belief (IBIT) had weekly web inflows of $267.9 million.
• VanEck Bitcoin ETF (HODL) noticed web inflows of $62.1 million.
• Grayscale Bitcoin Mini Belief (BTC) reported web inflows of $27.2 million.
• In the meantime, Constancy Sensible Origin Bitcoin Fund (FBTC) noticed web outflows of $123.2 million.
• ARK 21Shares Bitcoin ETF (ARKB) reported web outflows of $90.2 million.
• Grayscale Bitcoin Belief (GBTC) noticed web outflows of $79.7 million.

BlackRock’s (BLK) iShares Bitcoin Belief continued to dominate, delivering the seven-week profitable streak.

Past the BTC-spot ETF market, firms have raised funds to achieve publicity to BTC and alt-coins for treasury functions. ETF Retailer President Nate Geraci shared the newest information, stating:

“Wild stat… Corporations have raised practically $86bil this yr to purchase bitcoin & different crypto. That’s greater than ‘double’ the quantity raised in US IPOs in 2025.”