U.S. spot Bitcoin ETFs saw $526.64M in outflows last week, continuing a negative trend with minimal relief from a single strong inflow day.
Macro & Markets ·
U.S. spot Bitcoin ETFs recorded $526.64 million in net withdrawals over the most recent trading week, extending a prolonged period without a positive week spanning nearly two months, according to market data. A single bright point emerged on July 2, when inflows reached $221.72 million—the largest daily inflow since May 5—though this proved insufficient to reverse the weekly net outflow.
Ethereum ETFs similarly struggled, posting $13.67 million in net outflows for the week. The decline marked eight consecutive weeks of losses for the Ethereum product, though the magnitude of withdrawals was less severe than the prior week's outflows, suggesting some stabilization in outflow pace.
The pattern reflects sustained investor caution in both Bitcoin and Ethereum spot products. It remains unclear whether the recent inflow event on July 2 signals a potential reversal in investor sentiment or represents a temporary reprieve within an ongoing broader pullback.