Bitcoin exchange‑traded funds recorded a net outflow of $226.84 million for the week, extending a six‑week losing streak despite the cryptocurrency’s price climbing above $67,000 on Monday.
Bitcoin ETF Outflows Continue
Investors withdrew $64.09 million from Bitcoin ETFs on Monday, even as the coin’s market price rose on optimism surrounding a diplomatic deal announced by President Trump with Iran. Tuesday provided a brief reprieve, with $10.06 million flowing back into the funds, but Wednesday and Thursday saw withdrawals of $82.16 million and $90.66 million respectively. The cumulative outflow of $226.84 million marks the sixth consecutive week of negative inflows since the week ending May 15.
Ethereum ETF Performance
Ethereum‑linked ETFs mirrored Bitcoin’s bearish trend, failing to post a single week of positive net inflows over the past 45 days. The funds have collectively shed an estimated $5 billion since mid‑May, underscoring persistent investor caution toward the second‑largest blockchain asset. The slowdown in weekly outflows, from $1.72 billion in early June to $316 million and then $226.84 million, suggests a modest easing of pressure on the market.
Market Context and Outlook
Beyond the ETF movements, industry heavyweight BlackRock introduced a new Bitcoin product, while asset manager Franklin Templeton announced its own entry into the crypto‑ETF space. These developments signal continued institutional interest, even as retail investors retreat from the spot ETF arena. Analysts anticipate that future price action and regulatory clarity will shape the next wave of inflows for both Bitcoin and Ethereum blockchain assets.