Key Takeaways
- • Bitcoin ETFs recorded a net outflow of 2,708 BTC ($160.47 million) on July 1, 2026, with a seven-day cumulative outflow of 34,081 BTC ($2.02 billion), signaling sustained institutional selling pressure.
- • Ethereum ETFs experienced significantly larger net outflows of 19,556 ETH ($31.09 million) on July 1, with a seven-day total outflow of 97,213 ETH ($154.57 million), indicating more aggressive portfolio rebalancing in the altcoin space.
- • Combined weekly outflows from both Bitcoin and Ethereum spot ETFs totaled approximately $2.17 billion over the seven-day period ending July 1, reflecting a material shift in institutional capital allocation away from major cryptocurrency holdings.
Summary
Cryptocurrency spot ETFs experienced significant net outflows on July 1, 2026, with both Bitcoin and Ethereum products registering notable redemptions. Bitcoin ETFs saw a daily net outflow of 2,708 BTC valued at $160.47 million, according to data from Bitget and Lookonchain. The weekly trend proved more pronounced, with Bitcoin ETFs posting a cumulative seven-day outflow of 34,081 BTC worth $2.02 billion.
Ethereum ETFs demonstrated even steeper redemption activity relative to daily volumes. On July 1 alone, Ethereum ETFs recorded net outflows of 19,556 ETH totaling $31.09 million. The seven-day period showed more substantial pressure, with cumulative Ethereum ETF outflows reaching 97,213 ETH valued at $154.57 million. The Ethereum outflow volume substantially exceeded Bitcoin's on a proportional basis, suggesting differentiated institutional sentiment between the two largest cryptocurrency assets.
The combined outflow pattern across both major spot ETF categories reflects broader institutional rebalancing activity during early July 2026. Over the seven-day measurement period, total net redemptions across Bitcoin and Ethereum spot ETFs approximated $2.17 billion in aggregate capital withdrawal. This sustained outflow period indicates investors were reducing direct crypto exposure through the ETF vehicle, potentially in response to market conditions, portfolio rebalancing cycles, or tactical asset allocation decisions during the period. The disparity between Bitcoin and Ethereum outflow magnitudes warrants attention from fund managers monitoring sector-level capital flows and relative institutional appetite for risk assets within the digital asset class.
Ethereum ETFs demonstrated even steeper redemption activity relative to daily volumes. On July 1 alone, Ethereum ETFs recorded net outflows of 19,556 ETH totaling $31.09 million. The seven-day period showed more substantial pressure, with cumulative Ethereum ETF outflows reaching 97,213 ETH valued at $154.57 million. The Ethereum outflow volume substantially exceeded Bitcoin's on a proportional basis, suggesting differentiated institutional sentiment between the two largest cryptocurrency assets.
The combined outflow pattern across both major spot ETF categories reflects broader institutional rebalancing activity during early July 2026. Over the seven-day measurement period, total net redemptions across Bitcoin and Ethereum spot ETFs approximated $2.17 billion in aggregate capital withdrawal. This sustained outflow period indicates investors were reducing direct crypto exposure through the ETF vehicle, potentially in response to market conditions, portfolio rebalancing cycles, or tactical asset allocation decisions during the period. The disparity between Bitcoin and Ethereum outflow magnitudes warrants attention from fund managers monitoring sector-level capital flows and relative institutional appetite for risk assets within the digital asset class.
Go deeper than the headline
Research every firm in this story, track the ones that matter and get the daily briefing — free for 7 days.