US spot Bitcoin ETFs posted $48.2M in net inflows Thursday after $32.1M Wednesday, ending a short outflow streak. Spot Ether ETFs saw a $3.8M outflow the same day. Strategy reported an $8.2B Q2 loss tied to BTC’s price decline, but said it now holds 843,777 BTC and has cash to cover over two years of preferred dividend payments.
Matters because: The ETF flow reversal may help cushion BTC near term, while the muted ETH numbers still point to more selective institutional demand for Bitcoin.