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Reading: Bitcoin ETF outflows stretch to eighth week as altcoin funds draw cash
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Bitcoin ETF outflows stretch to eighth week as altcoin funds draw cash

Crypto
Last updated: July 6, 2026 6:08 pm
Crypto
Published: July 6, 2026
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Bitcoin ETF outflows stretch to eighth week as altcoin funds draw cash

Spot Bitcoin ETFs recorded $527 million in net outflows from June 29 to July 2, extending their weekly withdrawal streak to eight weeks. The latest data shows that demand for Bitcoin funds remains weak, even after some products returned to daily inflows. Summary Bitcoin ETFs extended their outflow streak as investors pulled $527 million over four trading days. Ethereum ETFs also stayed negative, showing weak demand across the two largest crypto assets. XRP, SOL and HYPE funds drew inflows, pointing to selective demand beyond Bitcoin and Ethereum. Crypto.news reported that U.S. spot Bitcoin ETFs lost $527 million over the four trading days ending July 2. The same report said the streak is now the longest weekly outflow run since the funds launched. The weekly loss came despite a positive daily session on July 2. Bitcoin ETFs recorded $221.7 million in net inflows that day, ending a 10-day daily withdrawal run. Fidelity’s FBTC led the rebound with about $166 million in inflows, while ARK 21Shares’ ARKB added about $91.8 million. BlackRock’s IBIT remained a main source of pressure. The fund recorded outflows on each trading day from June 29 through July 2. The pattern showed that one strong daily inflow was not enough to reverse broader weekly selling. Ethereum ETFs remain under pressure Spot Ethereum ETFs also ended the same period in negative territory. The products recorded $13.67 million in net outflows from June 29 to July 2, marking their eighth straight week of withdrawals. Crypto.news reported that Ethereum ETFs posted positive daily flows on July 1 and July 2, but the gains did not fully offset earlier redemptions. BlackRock’s ETHA recorded about $29.7 million in inflows on July 2, helping the group recover part of its earlier losses. The weak weekly result followed earlier pressure across Ethereum funds. Crypto.news recently reported that Ethereum ETFs faced large weekly withdrawals while traders watched whether ETH could hold key price levels. The data shows that Bitcoin and Ethereum funds still face uneven demand. Investors returned on some days, but weekly figures continue to show net selling across the two largest crypto ETF groups. XRP, SOL and HYPE funds buck the trend Altcoin-linked funds moved in the opposite direction. Spot SOL ETFs recorded $5.75 million in net inflows from June 29 to July 2. XRP ETFs added $17.19 million, while HYPE ETFs brought in $4.32 million. The inflows were smaller than the Bitcoin ETF outflows, but they showed that investors did not leave all crypto funds. Some capital moved into products tied to assets outside Bitcoin and Ethereum. Crypto.news has tracked this trend in recent weeks. In May, XRP ETFs beat Bitcoin and Ethereum funds with $131.94 million in monthly inflows, while Bitcoin and Ethereum products recorded heavy withdrawals. Bitwise also said its XRP ETF inflows topped $200 million year to date across U.S. and European products. Crypto.news also reported that HYPE ETFs crossed $100 million in inflows within their first 10 trading sessions. ETF market shows divided demand The latest ETF data points to a divided market. Bitcoin and Ethereum products continue to lose money on a weekly basis, while smaller crypto funds attract selective inflows. Crypto.news has also reported on a wider XRP ETF rotation from Bitcoin funds, noting that the move remains smaller in size than Bitcoin’s outflows. The trend still shows that some investors are seeking exposure outside BTC during weak market conditions. Solana funds have also seen steady interest this year. Crypto.news reported that Solana ETF assets crossed $1 billion by mid-May, even as SOL’s price remained under pressure. For now, ETF flows show no broad recovery across major crypto funds. Bitcoin and Ethereum ETFs remain in weekly outflows, while XRP, SOL and HYPE products continue to attract smaller but positive demand.

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