coin-img-ETHETH+0.67%coin-img-BTCBTC+0.77%coin-img-SOLSOL+0.22%coin-img-ULTIMAULTIMA-3.46%coin-img-XRPXRP+0.68%coin-img-USDCUSDC+0.00%coin-img-HYPEHYPE+4.33%coin-img-TRXTRX+1.29%coin-img-ETHETH+0.67%coin-img-BTCBTC+0.77%coin-img-SOLSOL+0.22%coin-img-ULTIMAULTIMA-3.46%coin-img-XRPXRP+0.68%coin-img-USDCUSDC+0.00%coin-img-HYPEHYPE+4.33%coin-img-TRXTRX+1.29%coin-img-ETHETH+0.67%coin-img-BTCBTC+0.77%coin-img-SOLSOL+0.22%coin-img-ULTIMAULTIMA-3.46%coin-img-XRPXRP+0.68%coin-img-USDCUSDC+0.00%coin-img-HYPEHYPE+4.33%coin-img-TRXTRX+1.29%coin-img-ETHETH+0.67%coin-img-BTCBTC+0.77%coin-img-SOLSOL+0.22%coin-img-ULTIMAULTIMA-3.46%coin-img-XRPXRP+0.68%coin-img-USDCUSDC+0.00%coin-img-HYPEHYPE+4.33%coin-img-TRXTRX+1.29%

Bitcoin Spot ETFs See $527M Weekly Net Outflow, Extending Streak to Eight Straight Weeks

AI Market Summary
Bitcoin spot ETFs saw $527m net outflows for the week (Jun 29–Jul 2), marking an eighth consecutive week of redemptions. The largest drag came from BlackRock’s IBIT with $773m outflows despite $59.99bn cumulative inflows, while GBTC lost $27.69m and remains deeply negative cumulatively. Persistent ETF outflows signal weakening marginal institutional demand and can pressure near-term liquidity conditions.
Impact level
● High
Affected assets
BTC/USDT+0.64%
AI Insight · BTC/USDTAI Insight
▼ Bearish
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PANews, July 6 — Data from SoSoValue show that Bitcoin spot ETFs posted a combined net outflow of $527 million over the week’s trading sessions from June 29 to July 2 (Eastern Time), marking the eighth consecutive week of net redemptions. BlackRock's IBIT recorded the largest weekly net outflow at $773 million, while its cumulative net inflow stands at $59.99 billion. Grayscale's Bitcoin Trust (GBTC) followed with a $27.69 million weekly net outflow; its cumulative net outflow has reached $27.17 billion.
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BTC
BTC+0.59%
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