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U.S. spot Bitcoin ETFs see $221.7M inflows as softer U.S. data boosts Bitcoin above $61K

Market News
04 Jul 2026
Crypto news
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Bullish
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U.S. spot Bitcoin ETFs recorded $221.7 million in net inflows, ending a 10-day withdrawal streak as weaker U.S. jobs data and easing Federal Reserve rate hike concerns helped Bitcoin rebound about 7.7% from its weekly low. Bitcoin climbed back above $61,000, with Fidelity’s FBTC leading inflows at $166 million. Analysts noted historical July trends and late-cycle patterns supporting a potential recovery phase. The inflows reflect renewed investor appetite amid softer economic signals and reduced expectations for Fed tightening.

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Valterra Platinum seen as undervalued with strong 2025 EBITDA growth and strategic refining edge.

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