Bitcoin ETFs Draw $167 Million in a Day as BTC Climbs Near $70K

Bitcoin ETFs Draw $167 Million in a Day as BTC Climbs Near $70K

N
News Editor 01
2026-07-23 22:15:16
U.S. spot Bitcoin ETFs posted $167 million in daily net inflows, led by BlackRock's IBIT with $109 million. Bitcoin traded around $70,750 while Ethereum and XRP-linked funds saw net outflows.
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U.S. spot Bitcoin ETFs posted $167 million in net inflows for March 9, 2026, according to SoSoValue. Institutional demand stayed firm, with BlackRock’s IBIT bringing in $109 million in a single day, the largest contribution among the listed funds. In the same dataset, Ethereum-related funds recorded a $51.32 million net outflow, while XRP-linked funds saw $18.11 million in net outflows.

Seven-day total reached $458 million

The weekly picture was even stronger. Over the previous seven days on 02/03/26, Bitcoin exchange-traded products attracted $458 million in net inflows. That came during a stretch when the broader crypto market was still described as uncertain. The figures point to continued demand for regulated investment vehicles that give investors exposure to digital assets without holding tokens directly.

Flows were not evenly distributed across assets. Bitcoin products kept pulling in fresh capital. Ethereum funds, by contrast, were negative on a net basis, though Fidelity Investments’ FETH still recorded a $16.22 million individual inflow, showing divergence inside the category. XRP products also ended the day in net outflow territory.

Crypto market value rebounds as Bitcoin trades at $70,750

Price action moved in the same direction. CoinMarketCap data in the source showed total global crypto market capitalization at $2.4 trillion, up 3.84% over 24 hours. Bitcoin traded around $70,750, a gain of about 6.09% from the previous day. Rising ETF inflows and a recovery in spot prices appeared at the same time, strengthening the market’s focus on Bitcoin-linked products.

The source also noted that investor sentiment was being shaped by energy price moves and geopolitical headlines. Donald Trump recently said tensions with Iran could end soon. The comment came as crude oil fell from above $100 per barrel to around $90, while equities were also advancing. The report said markets were still speculating about what the remark might imply.

21Shares adds a Polkadot-linked product on Nasdaq

New ETF-related listings are also expanding the menu for investors. 21Shares introduced a Polkadot-linked exchange-traded product that is now trading on Nasdaq. That adds another blockchain-related instrument to traditional markets and broadens the range of crypto exposure available through listed products.

Based on the latest disclosed numbers, Bitcoin ETFs remain the clearest center of inflows. Daily and weekly net subscriptions, a rebound in BTC price, and the launch of new exchange-traded products all landed in the same window, shaping the current market narrative.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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