Crypto ETFs Suffer $526M Outflow as Bitcoin Demand Fades

Crypto ETFs have seen significant outflows in recent sessions, losing around $526 million in Bitcoin fund withdrawals over four consecutive trading days. The total net assets of BTC crypto ETFs remained near $77.2 billion as of July 28.

The latest session saw investors remove approximately $49.8 million from their Bitcoin ETF holdings after the cryptocurrency briefly fell to its lowest level since July 17, around $63,100. This followed a seven-session inflow sequence that attracted nearly $1 billion in investments.

SoSovalue data showed that Ethereum funds recorded a daily net inflow of around $36.7 million, with BlackRock's iShares Ethereum Trust leading the session with approximately $31.7 million in inflows. This divergence suggests investors are selectively maintaining exposure to Ether while reducing their Bitcoin allocations.