Bitcoin surged to a five-week high above $67,000 on Tuesday, powered by a sharp reversal in U.S. spot ETF flows. The funds logged $221.7 million in net inflows, snapping a 10-day streak of outflows that had erased $2.73 billion from the market.
ETF inflows break the streak
The $221.7 million figure marks the first day of net inflows since July 7. Before Tuesday, the 10 consecutive days of withdrawals had been the longest outflow run since the ETFs launched in January 2024. The turnaround came without any major catalyst — no regulatory shift, no exchange hack, no macro event. Just a plain shift in buying pressure.
Price action: 5-week high
Bitcoin touched $67,200 in afternoon trading, its highest since mid-June. The move recouped roughly half of the losses accumulated during the outflow streak, when the price had slid from around $71,000 to below $60,000 at one point. The recovery is still fragile — the asset remains about 6% off its all-time high.
What the flows tell us
The ETF data is the cleanest window into institutional demand. A $2.73 billion exodus over 10 days suggested a broad de-risking, possibly tied to quarter-end rebalancing or macro uncertainty. Tuesday's reversal doesn't erase that — but it does show the selling may have exhausted itself. Whether the inflows continue will be the next test.
