Bitcoin ETFs

Bitcoin ETFs are exchange-traded funds that track the price of Bitcoin, allowing investors to participate through traditional brokerage accounts. Flows into U.S. spot ETFs have recently swung sharply. June set a monthly outflow record, BlackRock's product also suffered substantial withdrawals, and a brief return of funds in early July was followed by renewed net outflows. Ether ETFs, meanwhile, have continued to attract capital. ETF flows reflect institutional allocation appetite and market risk sentiment and may also affect Bitcoin's price, liquidity and future volatility, making them important to watch.