ETF Flows Recap

Spot bitcoin ETFs logged +$116.6M ↑ in net inflows for Monday's settled session, according to InflowScan data. Tuesday's issuer reports are still settling and will land in tomorrow's pre-market brief.

The tape was concentrated. ARK's ARKB took in +$72.7M ↑, the fund's largest single-session print in three weeks. Grayscale's low-fee BTC mini-trust added +$41.4M ↑, and Fidelity's FBTC pulled in +$24.1M ↑. Legacy GBTC continued to bleed, redeeming -$45.4M ↓ — a pattern consistent with the fee-driven rotation that has run through the Grayscale complex since conversion.

  • ARKB (ARK Invest): +$72.7M ↑
  • BTC (Grayscale mini): +$41.4M ↑
  • FBTC (Fidelity): +$24.1M ↑
  • GBTC (Grayscale): -$45.4M ↓

Ether, solana, and XRP fund tapes for Monday had not fully filed at print. InflowScan data will update once issuer confirmations settle.

Asset Price Analysis

Bitcoin trades at $66,350, up 1.7% over 24 hours. The seven-day tape is flat at -0.6%, but the 30-day print of +13.7% shows the trend that has carried through July. Price is holding above the $65,000 handle it reclaimed last week; resistance sits at the $68,000 area that capped the prior swing.

Ether at $1,935.82 is up 1.6% on the day but down 3.7% over seven sessions — the weakest performer in the majors on that window. The $1,900 level has been defended twice this month; a failure to hold it would open the $1,850 zone.

Solana at $78.37 and XRP at $1.14 continue to lead. SOL is up 9.2% on the week and 15.6% over 30 days, and XRP has added 8.4% over the same window. The rotation into higher-beta majors is consistent with the divergence between BTC's flat weekly tape and altcoin outperformance.

Stablecoin Flows

USDT supply expanded by +$144M ↑ over 24 hours to $184.2 billion, while USDC contracted by -$63M ↓ to $73.3 billion, according to InflowScan data. The net add across the two majors keeps aggregate dollar-token supply directionally positive — a backdrop historically associated with sustained bid, though the split between the two issuers has diverged for several sessions.

Outlook

The watch-item for Tuesday's US session is whether ARKB's outsized print signals a broader shift in issuer share, or a one-day allocation. InflowScan data has shown BlackRock's IBIT dominating the top-of-book for most of July; a sustained ARKB lead would be a change in the concentration story.

Levels to watch: BTC's $65,000 support and $68,000 resistance frame the near-term range. ETH's $1,900 handle is the line that has held twice in July. On the flow side, tomorrow's pre-market brief will carry Tuesday's settled prints across the full 41-fund universe — the first read on whether the Monday inflow tape extended or reversed.