TLDR
- U.S. spot Bitcoin ETFs shed $527 million over four trading days, marking their eighth straight negative week
- Thursday’s $221.7 million inflow broke a 10-session outflow streak but wasn’t enough to save the week
- BlackRock’s IBIT extended its own losing run to 11 straight days, bleeding roughly $2.2 billion
- Ether ETFs also closed the week negative, though they posted inflows on the final two days
- Hyperliquid ETFs attracted $4.3 million — positive, but well down from the prior week’s record $111 million
U.S. spot Bitcoin ETFs have now recorded eight straight weeks of net outflows, their longest losing run since launching. The funds shed about $527 million over the four trading days ending July 2, according to SoSoValue data.
Spot Bitcoin ETFs See $527M Net Outflows Last Week, Extending Outflow Streak to 8 Weeks
From June 29 to July 2 (ET), spot Bitcoin ETFs saw $527 million in net outflows, marking the eighth consecutive week of outflows. Spot Ethereum ETFs recorded $13.67 million in net outflows,… pic.twitter.com/mqujUflCEl
— Wu Blockchain (@WuBlockchain) July 6, 2026
Before this stretch began in mid-May, the funds had never strung together more than five negative weeks in a row.
June was the worst month for the products since approval. More than $4 billion left Bitcoin ETFs during June alone. Year to date, the funds have now lost a net $5.53 billion.
Thursday Inflows Break a 10-Day Streak
The week did end on a brighter note. On July 2, Bitcoin ETFs pulled in $221.7 million in net inflows, ending a 10-session outflow streak that had drained nearly $2.7 billion from the funds.
Fidelity’s fund led the rebound with $166 million in inflows. ARK 21Shares added $91.8 million. VanEck drew $4.4 million.
That one day was not enough to rescue the week. Heavy outflows earlier in the period had already locked in another negative result.
IBIT Keeps Bleeding
BlackRock’s fund was the only product still recording outflows on Thursday. It lost $40.4 million that day, pushing its losing run to 11 straight trading days.
Over that stretch, the fund has shed roughly $2.2 billion. It now holds $44.91 billion in net assets against $59.99 billion in cumulative inflows since launch.
The average investor in the fund is sitting on a loss of around 40%, according to a previous report.
Because it is the largest Bitcoin ETF by assets and trading volume, continued outflows from this fund weigh on the whole sector even when smaller funds attract money.
Bitcoin Price Rebounds
Bitcoin fell below $58,000 earlier in the week, hitting a 21-month low. It recovered to around $63,150 by Saturday.
Weaker-than-expected U.S. jobs data helped drive the rebound. Traders read the data as reducing the chances of a Federal Reserve rate increase.
CryptoQuant analysts cautioned that rising exchange deposits could point to more volatility ahead.
Ether and Hyperliquid ETFs
Spot Ethereum ETFs also ended the week negative, recording their eighth straight weekly outflow. However, they did post positive daily flows on both July 1 and July 2. BlackRock’s Ethereum fund brought in $29.7 million on July 2.
Hyperliquid ETFs stayed positive for the week with $4.3 million in net inflows. That figure was far below the prior week’s record $111 million, pointing to a slowdown in demand for smaller crypto ETF products.
Meanwhile, large on-chain Bitcoin holders moved in the opposite direction to ETF investors. Large Bitcoin wallets accumulated around 270,000 BTC during June while ETFs were seeing record outflows.
