Spot Bitcoin and Ether ETFs End Extended Outflow Streaks as HYPE ETFs Shine

US-listed spot cryptocurrency ETFs give investors price exposure through conventional brokerage accounts, making their flows a closely watched gauge of institutional demand and risk appetite. Ether and XRP funds had attracted money for 12 and 11 consecutive sessions, respectively, before both runs ended. The reversal, alongside renewed demand for Bitcoin products, points to a rotation toward the market’s most liquid digital asset as cryptocurrency prices broadly retreated.

On Sept. 2, US spot Ether ETFs posted $48.08 million in net outflows after drawing $1.62 billion during their 12-session streak, according to SoSoValue. XRP ETFs lost $7.2 million, ending an 11-session run that attracted about $170 million. Bitcoin ETFs reversed a $236.5 million outflow the previous day with $101.2 million of net inflows, led by $115.45 million into BlackRock’s IBIT. Over seven days, Ether fell 3.4%, XRP 2.4% and Bitcoin 1.3%, CoinGecko data showed.

U.S.-listed spot bitcoin and ether exchange-traded funds offer institutional investors regulated exposure to the two largest cryptocurrencies, making their daily flows a closely watched gauge of market risk appetite. Bitcoin funds had recorded nine consecutive sessions of net inflows before that run ended, while ether products have attracted steadier demand since mid-August. The renewed buying suggests confidence in mainstream crypto investment vehicles is recovering after periods of volatile positioning.

Spot bitcoin ETFs returned to net buying on Monday, Aug. 31, drawing $217 million one session after their nine-day inflow streak was interrupted. BlackRock’s iShares Bitcoin Trust, known by its ticker IBIT, led the rebound. Ether ETFs also maintained their momentum, extending a run of 11 consecutive trading days without a net outflow since mid-August, the second-longest such streak on record. XRP and Solana investment products continued to attract capital as well.

The U.S. Securities and Exchange Commission cleared spot bitcoin exchange-traded products in January 2024, followed by spot ether funds that began trading that July, giving investors regulated brokerage access to the two largest cryptocurrencies. Daily creations and redemptions in products run by BlackRock, Fidelity, Grayscale and others have since become a key gauge of institutional demand and short-term risk appetite, particularly when crypto prices turn volatile.

On Wednesday, July 29, U.S. spot bitcoin ETFs posted $32.1 million in net inflows, ending four consecutive trading days of withdrawals. BlackRock’s iShares Bitcoin Trust (IBIT) led subscriptions, offsetting redemptions from Fidelity’s FBTC and the ARK 21Shares Bitcoin ETF (ARKB). Spot ether ETFs, by contrast, swung to $18.65 million in net outflows. The divergence came as bitcoin and ether edged lower, suggesting demand for bitcoin-linked funds recovered despite the modest pullback in token prices.

U.S. spot Bitcoin exchange-traded funds have become a key gateway for conventional investors seeking exposure to the cryptocurrency since their 2024 debut. Daily creations and redemptions are closely watched as a gauge of institutional demand and broader risk appetite. The reversal matters because the funds had just attracted nearly $1 billion over seven consecutive sessions, raising hopes that demand was stabilizing after an extended period of withdrawals.

The funds recorded $225.2 million of net outflows on July 23, 2026, according to SoSoValue, ending the seven-session inflow streak. BlackRock’s IBIT accounted for $202.5 million of the total, while Bitcoin briefly fell to $64,600 and the Crypto Fear & Greed Index dropped to 28, firmly in fear territory. Redemptions continued on July 24 with another $240.1 million withdrawn, bringing the two-day outflow to about $465.3 million, of which IBIT contributed nearly $415 million.

U.S.-listed spot Bitcoin and Ethereum exchange-traded funds give investors regulated exposure to the two largest cryptocurrencies through conventional brokerage accounts. Their creations and redemptions have become a closely watched gauge of institutional demand and risk appetite, particularly because U.S. products account for most global crypto ETF assets and trading volume. Daily flow data from SoSoValue can also show whether price moves are supported by fresh capital or driven mainly by trading in the underlying tokens.

SoSoValue data showed spot Ethereum ETFs posted $70.62 million in net outflows on Friday, July 24, ending a five-session run that had attracted $211.25 million since July 17. The funds nevertheless took in $103.9 million for the week, their third consecutive weekly gain. Spot Bitcoin ETFs lost about $465 million across July 23 and July 24, ending a seven-day inflow streak, but retained a $33.79 million weekly net inflow and likewise recorded a third straight positive week.

U.S. spot Bitcoin ETFs, cleared by the Securities and Exchange Commission in January 2024, give investors regulated brokerage access to Bitcoin without requiring direct custody. Their daily creations and redemptions have since become a closely watched gauge of institutional demand and market liquidity. The latest reversal matters because a prolonged withdrawal of capital had reinforced concerns that risk appetite was fading as Bitcoin traded near cycle lows.

SoSoValue data showed U.S. spot Bitcoin ETFs drew a net $221.7 million on July 2, 2026, ending 10 trading days of outflows totaling $2.73 billion. Fidelity’s Wise Origin Bitcoin Fund took in $166 million and the ARK 21Shares Bitcoin ETF added $91.8 million, while BlackRock’s iShares Bitcoin Trust lost $40.4 million. Bitcoin rebounded above $61,000 and toward $62,000. The recovery later broadened, with the funds attracting $368 million from July 14 through July 16, though that remained small against June’s $4.51 billion exodus.

Spot cryptocurrency ETFs have become an important gateway for traditional institutional investors seeking exposure to digital assets, with fund flows offering a direct gauge of Wall Street’s risk appetite and confidence in cryptocurrencies. After several weeks of weak flows, the market has recently shown signs of a reversal. Daily net flows into and out of spot bitcoin and ether ETFs have therefore become key indicators of the crypto market’s short- and medium-term direction and institutional activity.

U.S. spot bitcoin ETFs recorded net outflows of $85 million on Wednesday, July 8, 2026, ending a three-day inflow streak, according to market data. Spot ether ETFs bucked the trend with $70.5 million in net inflows, marking a fifth consecutive trading day of gains. Fidelity Investments’ ether fund, FETH, was the main driver, attracting as much as $69.2 million in a single day and underscoring strong buying support.

U.S. spot Bitcoin and Ether ETFs had been the main gateway for institutional capital entering the crypto market, but major tokens have continued to lag despite a nine-week rally in U.S. stocks. Capital is shifting toward selected products tied to Hyperliquid's HYPE, XRP and SOL, signaling that investors are moving away from broad-market exposure in favor of individual themes.

In the week ended July 17, Bitcoin ETFs recorded net outflows of more than $1 billion, while Ether funds shed over $215 million. BTC, ETH, SOL and XRP ETFs lost a combined $4.4 billion across 13 trading sessions. HYPE funds attracted capital over the same period, bucking the trend, while Hyperliquid's HYPE token has gained 59% since the start of July.

US spot Bitcoin and Ether ETFs give investors exposure to crypto assets through regulated funds. Their flows are also viewed as key gauges of institutional demand and market sentiment. Simultaneous withdrawals from products run by major asset managers such as BlackRock typically signal weakening risk appetite.

US spot Bitcoin ETFs recorded $290.4 million in net outflows on May 15, with six funds losing capital. BlackRock's IBIT accounted for about 47% of the total, or an estimated nearly $137 million. Spot Ether ETFs posted $65.7 million in net outflows the same day, marking their fifth consecutive trading day of losses.

The U.S. Securities and Exchange Commission approved the first spot Bitcoin ETFs in January 2024, followed by the launch of spot Ether ETFs in July that year, allowing institutions to gain exposure to the two largest crypto assets through regulated funds. ETF flows have consequently become a key gauge of Wall Street demand and market risk appetite.

SoSoValue data through the end of February 2026 showed that investors had withdrawn money from U.S.-listed products for four consecutive months since November 2025. Spot Bitcoin ETFs recorded net outflows of $6.39 billion, while spot Ether ETFs lost $2.76 billion, for a combined $9.15 billion. This marked the longest streak of monthly outflows for Bitcoin funds since their January 2024 debut.