Bitcoin ETFs Face $812M Outflow, While Ether ETFs Snap 20-Day Inflow Streak

Bitcoin ETFs Log Second-Biggest Daily Outflow in History

On Friday, July 26, U.S. spot Bitcoin exchange-traded funds (ETFs) experienced a staggering $812.25 million in net outflows, the second-largest daily loss in the history of these products. The steep withdrawal reversed nearly a week’s worth of gains, reducing total net inflows across all funds to $54.18 billion.

Assets under management (AUM) for spot Bitcoin ETFs now sit at $146.48 billion, equivalent to 6.46% of Bitcoin’s total market capitalization, according to data from SoSoValue.

Major Players See Significant Redemptions:

• Fidelity’s FBTC: –$331.42M

• ARK Invest’s ARKB: –$327.93M

• Grayscale’s GBTC: –$66.79M

• BlackRock’s IBIT: –$2.58M

Despite the outflows, trading activity remained robust. Total spot Bitcoin ETF trading volume reached $6.13 billion, with BlackRock’s IBIT alone accounting for $4.54 billion, underscoring sustained institutional interest.

Bitcoin ETFs see outflows. Source: SoSoValue

Related: Bitcoin Ends Historic July at $115K, Analysts Eye 'Vertical' August Surge

Ether ETFs See $152M Pullback After Record 20-Day Inflow Streak

The Ethereum ETF sector also saw a shift, ending its longest-ever inflow streak. After 20 consecutive trading sessions of net gains, spot Ether ETFs recorded $152.26 million in outflows on the same day.

This reversal lowered total AUM in Ethereum ETFs to $20.11 billion, or 4.7% of Ether’s total market cap.

Breakdown of Ether ETF Outflows:

• Grayscale’s ETHE: –$47.68M

• Bitwise’s ETHW: –$40.30M

• Fidelity’s FETH: –$6.17M

• BlackRock’s ETHA: $0 (no inflows or outflows)

Cumulative trading volume for Ether ETFs reached $2.26 billion, led by Grayscale’s ETHE, which contributed $288.96 million. Despite the outflows, high activity levels point to continued interest amid short-term volatility.

Notably, the sector set a daily inflow record on July 16, pulling in $726.74 million, followed by $602.02 million the next day—highlighting the recent surge in institutional appetite for Ethereum exposure.

Institutions Favor Ether Over Bitcoin in Treasury Allocations

A recent report from Standard Chartered revealed that corporations are now accumulating Ether at double the pace of Bitcoin. Since early June, crypto treasury firms have acquired roughly 1% of Ethereum’s circulating supply—a trend seen as a key factor in Ether’s latest rally.

Ether ETFs end 20-day inflow streak. Source: SoSoValue

Related: Crypto Bloodbath: $600M in Longs Liquidated as Bitcoin Falls Below $116K

The bank projects this accumulation could continue through the year, potentially pushing ETH beyond $4,000 by December. Long-term, Ethereum holdings by corporate treasuries could reach 10% of total supply, driven by additional benefits like staking rewards and DeFi integrations.

What This Means for Crypto Investors

The synchronized outflows in both Bitcoin and Ethereum ETFs may indicate short-term profit-taking or macro-driven caution, especially following a period of strong inflows. However, persistent trading volume and strategic corporate accumulation suggest that long-term institutional conviction remains intact.

If history is any guide, pullbacks like these often precede renewed upward momentum—especially in post-halving years for Bitcoin and growth-cycle phases for Ethereum.