BlackRock’s IBIT sees $773 million weekly exit as Bitcoin ETFs lose $527 million
first published 2026-07-06T05:59:03Z
U.S. spot Bitcoin ETFs recorded $527 million in net outflows over four trading days ending July 2, extending their withdrawal streak to eight weeks. Spot Ethereum ETFs also saw $13.67 million in outflows, while smaller funds linked to XRP, SOL, and HYPE attracted inflows.
AI Analysis
The article reports sustained net outflows from the two largest crypto ETF groups over multiple weeks, indicating weak demand, while only smaller altcoin funds saw modest inflows.
Expected Investor Sentiment: Neutral
Potential Market Impact: High
Source Articles
- Bitcoin ETF outflows stretch to eighth week as altcoin funds draw cash - Crypto News
- Bitcoin Reclaims $63K as ETF Inflows Return and a Short Squeeze Clears the Bears - Bitcoin.com
- Live markets: Bitcoin pops to $63,900, then reverses, as week begins - CoinDesk
- How Bitcoin ETF flows work: Creations, redemptions, and reading the data - Crypto News
- What is the Coinbase Premium Index? U.S. Bitcoin Demand Gauge - Crypto News
- Citi Lowers Bitcoin and Ethereum Price Targets Amid Negative ETF Flows - Daily Hodl
- Bitcoin Price at a Crossroads: Is the Bottom In or Is One More Dip Coming? - Coinpedia
- Central Banks Purchased 41 Tonnes of Gold in May While Bitcoin ETFs Bled $8.9B: The Reserve Asset Race Has a Clear Leader? - Yahoo Finance
- Blackrock’s IBIT Sees $773 Million Weekly Exit as Bitcoin ETFs Lose $527 Million - Bitcoin.com
