U.S. Spot Bitcoin ETFs Extend Net Outflow Streak to Eight Weeks, Longest Since Launch
AI Market Summary
U.S. spot Bitcoin ETFs extended net outflows to an 8-week streak, the longest since launch, signaling persistent institutional de-risking despite a late-week inflow that only interrupted a long daily redemption run. BlackRock's IBIT continued sizable redemptions, reinforcing the negative flow impulse. Spot Ethereum ETFs also logged an 8-week outflow streak, though recent daily inflows (notably ETHA) temper the downside at the margin.
Impact level
● High
Affected assets
BTC/USDT+0.23%
AI Insight · BTC/USDTAI Insight
▼ Bearish
Trade now
⚠️ AI-generated insights are based on news content and are provided for informational purposes only. They do not constitute investment advice or represent the views of BingX. Investing involves risk. Please trade responsibly.
July 5 — U.S. spot Bitcoin ETFs posted about $527 million in net outflows across the four trading days through July 2, extending their net outflow streak to eight consecutive weeks—the longest weekly run of withdrawals since the products debuted.
Flows briefly turned positive on July 2, when the group attracted $221.72 million, snapping a stretch of 10 straight sessions that totaled roughly $2.71 billion in outflows. Even so, the broader weekly pattern remains one of persistent capital leaving the category.
By fund, Fidelity's FBTC led July 2 inflows with $165.96 million, followed by ARK and 21Shares' ARKB at $91.84 million. BlackRock's IBIT moved the other way, recording a $40.43 million outflow that day. IBIT has now logged 11 consecutive sessions of redemptions, with cumulative outflows of about $2.2 billion.
U.S. spot Ethereum ETFs also remained under pressure, registering a $13.67 million net outflow for the week ended July 2. That marks eight straight weeks of net withdrawals, matching the longest outflow streak on record. The group has still managed two consecutive days of net inflows, including a $29.74 million inflow into BlackRock's ETHA on July 2.
Separately, the U.S. Hyperliquid ETF brought in $4.32 million for the week, its smallest weekly inflow since launching in mid-May and a sharp slowdown from the prior week's record $111.36 million net inflow.