Bitcoin ETF Sees $526M Outflows as Weekly Flow Stays Red

Published: 2026-07-04 22:23:52 |

Spot Bitcoin ETF flows in the U.S. finished the week with more withdrawals than inflows, extending the bear-dominated trend. Over the four trading days, investors pulled $526.64 million from spot Bitcoin ETF products, keeping the streak of no fully green week alive for nearly two months. SoSoValue data shows the heaviest pressure on July 1, when $294.62 million left the funds. Additional withdrawals followed on June 30 ($222.64 million) and June 29 ($231.10 million). The only notable relief came on July 2, after 10 consecutive net-inflow days: inflows returned with $221.72 million, the highest single-day entry since May 5. The week also ended slightly more positive because July 4 was a holiday and there was no trading session on that date. Ethereum ETFs were less negative but still ended in the red. After June 29 ($30.04 million) and June 30 ($27.60 million) saw withdrawals, inflows picked up over the next two business days: $14.89 million on Wednesday and $29.08 million on Thursday (near a month-high). Even so, total net outflows for the week were $13.67 million, and Ethereum ETFs have now logged eight straight weeks in the red. Cumulative ETH ETF flows declined from $12.09 billion in early May to $10.89 billion by Thursday. In short: the Bitcoin ETF remains under selling pressure despite a one-day rebound, while Ethereum ETF weakness persists, keeping broader momentum cautious.

Bearish

Despite a July 2 rebound, the weekly picture is still negative. Spot Bitcoin ETF outflows of $526.64M show persistent sell-side pressure and confirm that, like many past “brief inflow” events, a single strong day has not been enough to break the broader withdrawal trend. The cumulative BTC ETF flow drop (from $59.34B to $51.08B) suggests institutional risk appetite remains constrained. For traders, this typically means rallies may face overhead supply: liquidity can drain quickly when flows turn negative again. The Ethereum ETFs add confirmation—eight consecutive red weeks with only modest, short-lived inflows—often aligns with weaker broader alt sentiment and reduces the probability of a sustained risk-on move. Short-term, watch whether the next few daily prints can repeat the July 2 inflow strength; otherwise, the market may revert to a flow-driven downtrend. Long-term, continued ETF restructuring and asset base building could help, but current flow data points to bearish near-term price support conditions rather than a confirmed bullish reversal.