Bitcoin ETFs Lose $294.6M as Ether, HYPE and Solana See Inflows
Bitcoin ETFs posted $294.62M in outflows, extending a 10‑day redemption streak; Ether ETFs added $14.89M and HYPE and Solana funds recorded net inflows on July 1.
Bitcoin exchange-traded funds recorded $294.62 million in net outflows on July 1, marking a 10‑day streak of redemptions. Ether ETFs posted $14.89 million in net inflows, while HYPE and Solana products also drew fresh money.
BlackRock’s IBIT was the largest source of redemptions, with $219.39 million withdrawn. Grayscale’s GBTC lost $62.79 million, Fidelity’s FBTC saw $51.02 million in outflows and Ark & 21Shares’ ARKB had $39.30 million leave. Smaller bitcoin vehicles saw inflows: Grayscale’s Bitcoin Mini Trust added $36.33 million and Morgan Stanley’s MSBT took in $29.81 million. Total bitcoin ETF trading volume was $2.40 billion and total net assets stood at $72.46 billion.
Julio Monero of CryptoQuant noted, “U.S.-based bitcoin ETF holdings are now lower than they were on the same day last year.” CryptoQuant contributor Darkfost reported that more than 100,000 BTC have left ETF provider reserves so far in 2026 and that over 160,000 BTC have been sold since the October 2025 peak in ETF-held bitcoin.
Ether funds broke a nine‑day outflow run with $14.89 million of net inflows. BlackRock’s ETHA led ether gains with $36.64 million of new money. That offset withdrawals from Grayscale’s Ether Mini Trust (-$18.46 million), BlackRock’s ETHB (-$1.67 million) and Fidelity’s FETH (-$1.61 million). Ether ETF trading volume was $500.33 million and net assets in ether products closed at $8.56 billion.
HYPE-themed ETFs returned to inflows, adding $2.85 million largely through Bitwise’s BHYP. HYPE ETFs traded $13.26 million and held $318.81 million in net assets. XRP products recorded a $1.86 million net outflow overall; Franklin’s XRPZ added $2.88 million while Bitwise’s XRP product lost $4.75 million. XRP ETFs traded $14.05 million in value and held $960.61 million in net assets.
Solana ETFs registered a $521,070 net inflow. Bitwise’s BSOL attracted $3.99 million, while Grayscale’s GSOL had $3.47 million in outflows. Solana ETF trading totaled $68.06 million and net assets closed at $891.24 million.
Flows on July 1 followed a pattern from the end of June, when broad crypto ETF flows turned negative and bitcoin vehicles led redemptions. Bitcoin ETFs extended their 10‑day redemption streak while ether funds ended a nine‑day outflow sequence.
The material on GNcrypto is intended solely for informational use and must not be regarded as financial advice. We make every effort to keep the content accurate and current, but we cannot warrant its precision, completeness, or reliability. GNcrypto does not take responsibility for any mistakes, omissions, or financial losses resulting from reliance on this information. Any actions you take based on this content are done at your own risk. Always conduct independent research and seek guidance from a qualified specialist. For further details, please review our Terms, Privacy Policy and Disclaimers.
Articles by this author
