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.

  • IBIT (BlackRock, BTC): +$33.8M ↑
  • FBTC (Fidelity, BTC): +$31.1M ↑
  • GSOL (Grayscale, SOL): +$1.7M ↑
  • 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.