US spot Bitcoin ETFs have reversed a week-long streak of net outflows, recording $31 million in net inflows. Data from SoSoValue reveals Fidelity’s FBTC led the pack with inflows of $49 million, followed by Bitwise’s BITB with $15 million, and VanEeck’s HODL with $4 million. Conversely, Grayscale’s GBTC saw net outflows of $30.3 million, while ARK Invest and 21Shares’ ARKB recorded $6 million in net outflows. Notably, BlackRock’s IBIT, the largest spot Bitcoin ETF by net asset value, reported zero net flows despite a $1.1 billion daily trading volume.

Meanwhile, the US Securities and Exchange Commission (SEC) remains silent on the launch of spot Ether ETFs. SEC Chief Gary Gensler has assured that the process is "going smoothly," with the final registration steps being handled at the staff level. Despite the SEC greenlighting the 19b-4 filings from eight ETF bidders in May, the asset managers are still working on their Form S-1s, the final requirement for approval before trading.