Bitcoin ETFs Bleed $527M As Record 8-Week Outflow Streak Deepens

Bitcoin (BTC) ETF outflows reached a record eighth straight week, even after a late $221.72M inflow reduced the damage.

Bitcoin ETF Outflows

U.S. spot Bitcoin ETFs shed about $527M over the holiday-shortened week ending Thursday, Jul. 2, according to The Block’s analysis of SoSoValue data. The four-day loss marked the category’s eighth consecutive negative week, its longest such run since launch.

The streak began in mid-May. Before then, the funds had never recorded more than five straight weeks of net outflows.

The week still closed with a sharp reversal, as spot Bitcoin ETFs drew $221.72M on Thursday, their largest one-day inflow since May 5. That move ended 10 sessions of withdrawals that removed about $2.71B.

Fidelity’s FBTC led Thursday’s inflow with $165.96M, while ARK and 21Shares’ ARKB added $91.84M. IBIT was the only Bitcoin ETF to lose money that day, with $40.43M in redemptions and an 11-day outflow streak worth roughly $2.2B.

Also Read: Bitcoin Just Beat Every Major Altcoin On A Sleepy July 4 Session

Ether ETF Slide

Spot Ether ETFs lost a net $13.67M in the same week, tying the eight-week outflow record set from late February to mid-April 2025. The group nearly broke even after two inflow days, with $14.89M Wednesday and $29.08M Thursday.

BlackRock’s ETHA led Thursday’s Ether ETF inflows with $29.74M. Ether traded near $1,780 on Saturday, while the funds held $9.02B in net assets and had lost $1.44B for the year.

Hyperliquid (HYPE) ETFs stayed positive, but momentum slowed. U.S.-based products took in $4.32M, their weakest week since launching in mid-May, after a record $111.36M inflow in the week ending Jun. 26.

Bitcoin traded near $63,150 on Saturday after sliding below $58,000 earlier in the week, its lowest level in 21 months. CryptoQuant analysts warned that rising exchange deposits could keep volatility elevated, even after softer U.S. jobs data reduced expectations for a Federal Reserve rate increase.

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