Flow Tape
The Thursday, July 16 session printed a concentrated bid: two BlackRock and Fidelity bitcoin vehicles accounted for roughly $64.9 million in combined inflows, more than offsetting the day's lone material outflow. Ethereum flows netted negative on ETHE alone; Solana products saw a modest allocation into Grayscale's GSOL. Dispersion was narrow — a two-fund story on the bid side.
- ETHE (Grayscale, ETH): -$4.97M ↓
7-Day Context
Trailing 7-day cumulative flow is not yet available with all settling sessions in, per InflowScan data. Thursday's $62 million print extends the pattern of BTC-led inflows offset by isolated Grayscale legacy-product redemptions, consistent with the fee-arbitrage rotation that has run through recent weeks.