Crypto ETFs: Bitcoin ETFs Record $84.86 Million in Outflows, Snapping 3-Day Inflow
Key Insights
- Crypto ETFs tied to Bitcoin recorded $84.86 million in net outflows on July 8.
- Grayscale’s GBTC led the withdrawals at $63.69 million, with BlackRock’s IBIT close behind at $59.13 million.
- Cumulative net inflows for US spot Bitcoin funds hold at $51.28 billion, and total net assets sit near $75.34 billion.
US Bitcoin funds ended a short winning streak on July 8, 2026. Crypto ETFs tracking Bitcoin posted $84.86 million in net outflows on the day, ending three straight sessions of new money inflows.
The single red day looks small next to the group’s running total, yet it stopped a streak that had pushed cumulative net inflows back above the $51 billion line.
Crypto ETFs Snap a Three-Day Inflow Streak
The last time these Bitcoin crypto ETFs posted a daily outflow was July 1, when they shed $294.62 million in one session. Money then came back over the following three trading days.
Bitcoin funds took in $221.72 million on July 2, another $265.69 million on July 6, and a smaller $21.44 million on July 7. The gap between July 2 and July 6 lines up with the US Independence Day holiday, when markets were closed.
Bitcoin ETFs Data: SoSo Value
July 8 flipped that pattern with the $84.86 million pullback. Even after the down day, the wider totals stayed healthy.
Cumulative net inflows for US spot Bitcoin crypto ETFs sit at $51.28 billion. Total net assets across the funds stand at $75.34 billion, and about $1.54 billion in shares traded on July 8.
Where the July 8 Outflows Came From
The July 8 selling within the crypto ETFs group was concentrated in a couple of names rather than spread across the board.
Grayscale’s GBTC saw $63.69 million leave, the largest single-fund outflow of the day. GBTC has steadily bled assets since it converted from a trust to an ETF in early 2024, and its cumulative net flow now sits deep in the red at $27.28 billion.
BlackRock’s IBIT, the biggest US spot Bitcoin product by assets, lost $59.13 million on the day. That trimmed its cumulative haul slightly, though the fund still leads the pack with $60.20 billion pulled in since launch. Fidelity’s FBTC gave up $14.88 million.
One fund went against the grain. Grayscale’s lower-fee Bitcoin Mini Trust, listed under the ticker BTC, raised $52.83 million, bringing its cumulative total to $2.49 billion.
That inflow softened the day’s net figure. The rest of the field, from Bitwise’s BITB to VanEck’s HODL and Ark’s ARKB, reported flat flows for the session, so the headline number came down to a handful of large funds.
Crypto ETFs Still Close the Week in the Green
Widen the view to a full week, and the reading improves. Over the seven days ending July 8, US spot Bitcoin crypto ETFs raised $202.26 million on a net basis.
That comes right after a rough prior week, when the same funds shed $526.64 million through July 2, and a much larger $1.79 billion weekly outflow in the stretch ending June 26.
Ethereum Funds Move the Other Way
Bitcoin products leaked cash on July 8, but Ethereum spot ETFs went the opposite direction. They added $70.48 million that day, their strongest daily intake of the month and part of an unbroken green run stretching back through at least July 1.
Ethereum ETFs Data: SoSo Value
Cumulative net inflows for the Ethereum group reached $11.01 billion, with total net assets near $9.34 billion.
The weekly numbers tell the same story. Ethereum funds booked $118.07 million for the week ending July 8, turning positive after a run of down weeks through June. That gives the two asset classes a clean split for July 8: Bitcoin money out, Ethereum money in.
The post Crypto ETFs: Bitcoin ETFs Record $84.86 Million in Outflows, Snapping 3-Day Inflow appeared first on The Market Periodical.
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