BlockBeats report, July 5: U.S. spot Bitcoin ETFs recorded a cumulative net outflow of approximately $527 million over the four trading days ending July 2, marking the eighth consecutive week of net outflows and setting the longest weekly outflow record since the product's launch.
Despite a single-day net inflow of $221.72 million on July 2, which ended a streak of 10 consecutive trading days with a cumulative outflow of approximately $2.71 billion, the overall weekly trend of capital outflow remains unchanged. Among these, Fidelity’s FBTC recorded a single-day net inflow of $165.96 million, while ARK and 21Shares’ ARKB saw a net inflow of $91.84 million; in contrast, BlackRock’s IBIT experienced a net outflow of $40.43 million on the same day, marking its 11th consecutive trading day of redemptions with a cumulative outflow of approximately $2.2 billion.
Additionally, U.S. spot Ethereum ETFs recorded a net outflow of $13.67 million for the week ending July 2, marking the eighth consecutive week of net outflows, tying the longest on-record outflow streak. However, these products have now seen two consecutive trading days of net inflows, with BlackRock’s ETHA recording a $29.74 million net inflow on July 2.
Meanwhile, the U.S. Hyperliquid ETF recorded a net inflow of $4.32 million for the week, the lowest weekly inflow since its launch in mid-May, showing a significant slowdown compared to the record $111.36 million net inflow in the previous week.