Crypto Flows Stabilize as Institutional Interest Regains Momentum

Institutional crypto flows have stabilized in July, according to the latest Strategy Watch #7 report from Glassnode. After significant capital outflows in June, Bitcoin's net capital flow improved dramatically, shifting from a $17.3 billion outflow to just $4.1 billion by the month’s end.

Ethereum saw outflows ease from $6.1 billion to $0.8 billion, nearing neutral territory. Stablecoins followed suit, with net outflows narrowing from $6.6 billion at the start of July to $2.2 billion.

The report highlights that U.S. spot Bitcoin ETF flows have recovered in July, flipping from significant outflows to inflows of 5,400 BTC and 190,800 ETH. This marks a notable shift from June, when treasury vehicles dominated inflows, as ETF demand had waned.