Skip to content

US Bitcoin ETFs end 15-day inflow streak as BTC price faces bearish momentum

2025-07-02 08:18:24

US Bitcoin ETFs end 15-day inflow streak as BTC price faces bearish momentum

Main Idea

U.S. spot Bitcoin ETFs experienced net outflows for the first time after a 15-day inflow streak, while spot Ethereum ETFs saw continued inflows, coinciding with the U.S. Senate passing a $3.3 trillion spending bill.

Key Points

1. U.S. spot Bitcoin ETFs recorded $342.25 million in net outflows on July 1, ending a 15-day inflow streak that had brought in $4.73 billion.

2. Fidelity’s FBTC led the outflows with $172.73 million, followed by Grayscale’s GBTC with $119.51 million, while BlackRock’s IBIT saw zero net movement.

3. Spot Ethereum ETFs attracted $40.68 million in net inflows, with BlackRock’s ETHA contributing $54.84 million and Grayscale’s ETHE adding $9.96 million.

4. The reversal in Bitcoin ETF flows coincided with the U.S. Senate passing a $3.3 trillion spending bill, which lacked crypto-related provisions.

5. Bitcoin dropped nearly 2% to around $105,000, with total crypto market liquidations reaching $242.6 million, mostly from long positions.

Description

Spot Bitcoin exchange-traded funds in the U.S. saw net outflows for the first time in nearly three weeks as investors positioned cautiously ahead of what has historically been a slower quarter for Bitcoin. According to data from SoSoValue, the 12 U.S.-listed spot Bitcoin ETFs recorded a combined $342.25 million in net outflows on July 1. This marked the end of a robust 15-day inflow streak that had brought in a cumulative $4.73 billion into the funds since mid-June. Fidelity’s FBTC led the withd...

>> go to origin page
Tags:
News Bitcoin crypto United States
$ETH
$2532.10
--2.12%
$BTC
$108593.9
--0.66%

Latest News