Spot Crypto ETFs Turn to Outflows: $95.3M BTC Dip, ETH/SOL Selling

Published: 2026-07-10 15:04:20 |

U.S. spot crypto ETFs flipped back to net outflows after early-July gains. On July 9, total spot crypto ETF net outflows reached $95.30M, signaling cautious institutional sentiment. Bitcoin ETF flows led the reversal. Spot Bitcoin ETFs saw net outflows of $95.30M, ending a stretch of positive days after the early-month rally. Fidelity’s FBTC recorded the largest outflow ($63.25M), followed by Ark Invest’s ARKB ($39.93M). VanEck’s HODL was the lone bright spot with a small inflow ($5.36M), while MSBT and BITB also posted minor inflows. Earlier in the week, persistent selling had already extended Bitcoin’s ETF losing streak and drew traders toward a more risk-off stance toward BTC exposure. Ethereum and Solana also weakened. U.S. spot Ethereum ETFs posted net outflows of $52.08M, ending a five-day inflow run. Fidelity’s FETH drove the largest outflow ($33.96M), though overall FETH still shows large cumulative net inflows since launch. Solana ETFs recorded net outflows of $605,110, consistent with some profit-taking. For traders, the key takeaway is the ETF complex turning negative even after upside. Spot crypto ETFs net outflows can pressure broader risk assets and raise near-term volatility, especially for BTC and ETH positioning.

Bearish

Earlier in the story, spot Bitcoin ETFs already showed heavy net outflows (weeks-long losing streak), and the latest update confirms the complex is still fragile: on July 9, total spot crypto ETFs posted $95.30M net outflows, with Bitcoin ETFs again leading the decline. That shift back to negative flows even after early-July upside suggests institutions are not comfortable adding risk, which typically weighs on BTC and can spill into ETH/SOL positioning. While some funds (e.g., HODL, and small inflows to MSBT/BITB) show pockets of demand and July is reportedly better than June, the dominant direction across the ETF suite remains “outflows,” increasing the likelihood of short-term volatility and continued selling pressure rather than a sustained bullish turn.