Cold open on Wall Street: after two months of bleed, money came back.


Wall Street reopened its bid for crypto this week. After eight weeks of heavy outflow that drained $9.4 billion from US spot funds, July 14-18 flipped the tape. BlackRock iShares Bitcoin Trust logged $33.4 million on July 16 alone, pushing three green days in a row for Bitcoin funds with $79.1 million added. Ethereum told a similar story, with $84.4 million net new cash July 7-11, almost all via BlackRock ETHA.

Price followed flow. Bitcoin reclaimed $65,000, its best print since early June. Ethereum outperformed, up over 10% on the week to trade near $1,923. Traders view this as a pure liquidity play: when BlackRock desks buy, market depth improves and short sellers pull back.

For active traders, level watch is clear. $63,800 held as base, $65,800 is near-term roof. Hold above roof with volume could open $68k. Lose base and $60k comes quick. Risk control stays tight while oil and Middle East headlines keep volatility high.

Strategy take: follow the large buyer, fade retail hype. Inflow led by one issuer is strong but fragile. If BlackRock flow pauses, the bid can vanish in a day. Keep size modest, use spot for core and calls for upside.

#ETFlowRebound
BLK-1.49%
IBIT1.98%
BTC1.76%
ETH1.12%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 35
  • 2
  • Share
Comment
Add a comment
Add a comment
CryptoSelf
· 9h ago
To The Moon 🌕
Reply0
CryptoSelf
· 9h ago
2026 GOGOGO 👊
Reply0
CryptoSelf
· 9h ago
LFG 🔥
Reply0
Psycho
· 07-20 20:15
To The Moon 🌕
Reply0
Psycho
· 07-20 20:15
To The Moon 🌕
Reply0
Psycho
· 07-20 20:15
To The Moon 🌕
Reply0
Psycho
· 07-20 20:15
Ape In 🚀
Reply0
Ahmad_khan1
· 07-20 06:56
2026 GOGOGO 👊
Reply0
SmallReadingBoard
· 07-20 06:49
2026 GOGOGO 👊
Reply0
RedSun_Capital
· 07-20 06:47
2026 GOGOGO 👊
Reply0
View More
  • Pinned