Hassan Maishera
U.S. spot Bitcoin ETFs extended their longest-ever weekly outflow streak, while spot Ether ETFs matched a record eight-week decline and Hyperliquid ETFs continued attracting fresh capital.
TL;DR
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U.S. spot Bitcoin ETFs recorded approximately $527 million in net outflows during the week ending July 2, marking their eighth consecutive week of withdrawals.
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The funds snapped a 10-day outflow streak on Thursday with $221.7 million in fresh inflows, led by Fidelity's FBTC.
Bitcoin ETFs Extend Record Weekly Outflow Streak
U.S. spot Bitcoin exchange-traded funds (ETFs) recorded approximately $527 million in net outflows during the four trading sessions ending Thursday, July 2, extending their longest streak of weekly withdrawals since the products launched.
The latest figures mark the eighth consecutive week of net outflows, surpassing the previous record of five straight losing weeks before the current trend began in mid-May.
Although investor sentiment remained cautious throughout most of the week, the pace of withdrawals slowed significantly compared with the previous week's $1.79 billion in outflows.
The shortened trading week, caused by the U.S. Independence Day holiday, also limited overall fund activity.
Despite another negative week overall, spot Bitcoin ETFs finished on a stronger note. The funds attracted $221.72 million in net inflows on Thursday, their strongest single-day performance since early May, ending a 10-session redemption streak that had erased roughly $2.71 billion from the sector.
Fidelity's FBTC led investor demand, attracting $165.96 million in new capital, while ARK 21Shares' ARKB followed with $91.84 million in inflows.
The rebound suggests some investors returned to the market after weeks of persistent selling pressure.
BlackRock's IBIT Continues to See Redemptions
While most major Bitcoin ETFs returned to positive territory on Thursday, BlackRock's IBIT remained under pressure. The world's largest spot Bitcoin ETF recorded $40.43 million in net outflows, extending its redemption streak to 11 consecutive trading sessions.
The prolonged selloff has resulted in approximately $2.2 billion leaving the fund during that period.
Despite the recent withdrawals, IBIT continues to manage nearly $45 billion in net assets after accumulating close to $60 billion in total inflows since its launch.
Bitcoin traded near $63,150 on Saturday after staging a sharp recovery from below $58,000, its lowest level in nearly two years earlier in the week.
The rebound followed weaker-than-expected U.S. employment data, which investors interpreted as reducing the likelihood of additional Federal Reserve interest rate hikes.
However, market analysts continue to urge caution, noting that increasing Bitcoin deposits on exchanges could signal heightened volatility in the near term.
Spot Ether ETFs Match Their Longest Outflow Streak
Investor sentiment toward Ethereum investment products remained weak as U.S. spot Ether ETFs recorded their eighth consecutive week of net outflows.
The funds lost a combined $13.67 million during the week ending July 2, matching the category's longest withdrawal streak previously recorded between February and April 2025.
Despite the overall weekly loss, Ether ETFs showed signs of stabilization toward the end of the week.
The products posted consecutive daily inflows on Wednesday and Thursday for the first time since mid-June, led by BlackRock's ETHA, which attracted $29.74 million on Thursday.
Collectively, U.S. spot Ether ETFs now manage approximately $9.02 billion in assets while recording $1.44 billion in net outflows since the beginning of the year.
Ether traded around $1,780 over the weekend.
Hyperliquid ETFs Continue Attracting Capital
Unlike Bitcoin and Ethereum funds, U.S.-listed Hyperliquid ETFs remained in positive territory for another week.
The products attracted $4.32 million in net inflows, although that represented their slowest weekly fundraising performance since launching in mid-May.
The slowdown follows a record-breaking week that saw more than $111 million flow into the category, driven largely by Bitwise's BHYP fund.
Overall, Hyperliquid ETFs collected approximately $161 million in net inflows throughout June.
Despite slower inflows, the three Hyperliquid ETFs continue expanding their asset base. Combined net assets have climbed to approximately $336 million, exceeding cumulative net inflows of $298 million.
Bitwise's BHYP remains the largest fund in the category, followed by Grayscale's HYPG and 21Shares' THYP.
Investors Remain Selective Across Crypto ETF Markets
The latest ETF flows highlight a divided digital asset investment landscape.
While Bitcoin and Ether funds continue experiencing sustained investor withdrawals, the pace of selling appears to be easing as markets respond to shifting expectations for U.S. monetary policy.
At the same time, newer products such as Hyperliquid ETFs continue attracting capital, suggesting investors remain willing to back emerging segments of the cryptocurrency market even as broader sentiment toward the largest digital assets remains cautious.
