U.S. spot Bitcoin ETFs see $527M outflows over four days, longest weekly loss streak since launch.
U.S. spot Bitcoin ETFs experienced about $527 million in net outflows over four trading days ending July 2, marking their eighth consecutive week of losses and the longest such streak since their launch. Despite a rebound on July 2 with $221.7 million inflows led by Fidelity and ARK funds, BlackRock's IBIT continued to see outflows, extending its redemption streak to 11 days and weighing on overall sector recovery. Ethereum ETFs also posted weekly outflows, though Hyperliquid products attracted some new capital. The market now watches if inflows can broaden across more ETFs and if IBIT can reverse its trend, as large Bitcoin holders have been accumulating coins amid ETF sell-offs.
U.S. spot Bitcoin ETFs experienced about $527 million in net outflows over four trading days ending July 2, marking their eighth consecutive week of losses and the longest such streak since their launch. Despite a rebound on July 2 with $221.7 million inflows led by Fidelity and ARK funds, BlackRock's IBIT continued to see outflows, extending its redemption streak to 11 days and weighing on overall sector recovery. Ethereum ETFs also posted weekly outflows, though Hyperliquid products attracted some new capital. The market now watches if inflows can broaden across more ETFs and if IBIT can reverse its trend, as large Bitcoin holders have been accumulating coins amid ETF sell-offs.
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