Bitcoin and Ethereum ETFs end record streak of multibillion-dollar outflows

U.S. spot bitcoin ETFs recorded a small net inflow of $3.05 million on Wednesday, breaking a 13-session redemption streak that drained more than $4.4 billion from the cohort since mid-May.

The outflows dragged total bitcoin ETF assets to $80.40 billion from $104.29 billion at the start of the streak.

BlackRock’s IBIT, the largest fund in the category, soaked up $47.66 million, while Fidelity’s FBTC, Bitwise’s BITB and Ark’s ARKB continued to bleed, SoSoValue data shows.

Total bitcoin assets under management (AUM) in US Spot Bitcoin ETFs stands at 1.277 million BTC, according to CheckonChain. That’s slightly above the Feb. 23 low of 1.274 million BTC, reached as Bitcoin rebounded from its February low near $60,000.

Bitcoin ETF holdings peaked at 1.376 million BTC in October 2025. Since then, AUM has decreased by approximately 99,000 BTC, or 7.2%, to current levels.

Spot ether ETFs ended a parallel streak that lasted 17 sessions, generating $19.30 million in net inflows that day. The full figure came from BlackRock’s ETHA, with all other ether ETFs recording zero net flow.

Total ether ETF assets amount to $9.78 billion, or 4.57% of ether’s circulating market cap, with cumulative inflows since the 2024 launch of $11.21 billion. The category remains roughly $2 billion below its asset peak at the beginning of the year.

Meanwhile, Hyperliquid HYPE ETFs were the only category that had seen no outflows during the broader hemorrhage, and that picture extended Wednesday. The three-fund complex raised another $12.15 million, with Bitwise’s BHYP attracting $7.45 million and Grayscale’s recently launched low-fee HYPG fund netting $4.70 million on its first day of trading.

HYPE ETF’s net assets now stand at $185.68 million in about four weeks since its launch on May 12, and every trading day in that window has been a net inflow day.

The size of Friday’s bitcoin and ether prints relative to the magnitude of the streaks they ended is the part worth holding on to. An inflow of roughly $3 million into bitcoin ETFs after $4.4 billion of redemptions is statistical noise rather than regime change, and it landed on a day when bitcoin was already trading at $63,629, well below levels seen during the peak outflow days in late May.

Bitcoin traded lower at $62,715 in Asian hours, ether fell to $1,696 and the broader risk outlook deteriorated as global AI trading plunged amid a failed Broadcom outlook and a 4.7% KOSPI sell-off.

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