Bitcoin ETFs See Inflows As BTC Price Slips Under $63K

U.S. spot Bitcoin exchange traded funds turned positive on July 30 by pulling in $233.1 million in net inflows. BlackRock led the charge with strong institutional interest, helping reverse a recent streak of heavy weekly outflows that had worried traders.

Despite this fresh institutional capital, the price of Bitcoin moved in the opposite direction and slipped below $63,000. This unexpected drop has left many retail investors and traders confused about why the market is falling while big funds are actively buying.

Traders are now watching to see if this ETF buying pressure will eventually push prices back up or if broader market weakness will continue to weigh on the leading cryptocurrency.