Spot Bitcoin ETFs see second-largest outflow, Ether ETFs end 20-day streak - Cointelegraph

Spot Bitcoin ETFs see second-largest outflow, Ether ETFs end 20-day streak - Cointelegraph

In a significant shift in the cryptocurrency market, spot Bitcoin exchange-traded funds (ETFs) experienced their second-largest outflow, while Ether ETFs ended their longest streak of net inflows. The developments, reported on July 2, 2025, highlight the volatile nature of the crypto market and the evolving preferences of institutional investors.

Bitcoin ETFs saw a net outflow of $812.25 million on July 2, marking the second-largest single-day loss in the history of these products. This outflow erased a week of steady gains and pushed cumulative net inflows down to $54.18 billion. Total assets under management slid to $146.48 billion, representing 6.46% of Bitcoin’s market capitalization [1].

Fidelity’s FBTC led the exodus with $331.42 million in redemptions, followed by ARK Invest’s ARKB, which saw a substantial pullback of $327.93 million. Grayscale’s GBTC also lost $66.79 million. Despite the outflows, trading volumes remained active, with $6.13 billion in value exchanged across all spot Bitcoin ETFs. IBIT alone accounted for $4.54 billion in volume, suggesting continued interest despite the outflows [1].

Meanwhile, Ether ETFs ended their longest streak of net inflows, which had lasted 20 consecutive trading days. The sector recorded a $152.26 million outflow on July 2. This development comes as corporate demand for Ether has been accelerating, with corporate crypto treasury firms amassing about $100 billion worth of digital assets [1].

The recent trends underscore the fluctuating interest in cryptocurrencies among institutional investors. While Bitcoin ETFs experienced outflows, the market for Ether ETFs has shown resilience, indicating a potential shift in investor preferences towards Ethereum and its associated DeFi ecosystem.

The developments also highlight the importance of regulatory arbitrage and the evolving strategies of institutional investors. As the crypto market continues to mature, investors are increasingly looking for opportunities to diversify their portfolios and align their holdings with long-term value.

References:
[1] https://cointelegraph.com/news/spot-bitcoin-etfs-second-largest-outflow-ether-etfs-streak-ends