The final trading session of the week offered some relief for United States spot Bitcoin ETFs, as investors returned with strong inflows after an extended period of selling. Even so, the overall picture remained negative, with both Bitcoin and Ethereum ETFs finishing another week of net outflows.
Bitcoin ETFs Remain Under Pressure
Despite a strong finish, Bitcoin ETFs continued to struggle throughout the shortened four day trading week.
According to data from SoSo Value, investors withdrew a combined $526.64 million from spot Bitcoin ETFs, extending the products’ losing streak to nearly two months without a positive weekly performance.
The sustained selling pressure has significantly reduced cumulative net inflows, which have declined from $59.34 billion to $51.08 billion over that period.
The largest daily outflow came on July 1, when investors pulled approximately $294.62 million from the funds. That followed withdrawals of $222.64 million on June 30 and $231.10 million on June 29, highlighting the persistent weakness in investor sentiment during the first half of the week.
There was, however, a notable turnaround on July 2. Spot Bitcoin ETFs attracted $221.72 million in net inflows, ending a ten day streak of daily outflows. It was also the strongest single day of inflows since May 5, providing a much needed boost before markets closed for the July 4 holiday.
Ethereum ETFs Show Signs of Improvement
Ethereum ETFs delivered a more encouraging performance during the second half of the week, although they also finished with a net weekly loss.
The funds recorded outflows of $30.04 million on June 29 and another $27.60 million on June 30 before sentiment improved.
On July 1, Ethereum ETFs attracted $14.89 million in fresh capital, followed by another $29.08 million in net inflows on July 2. The latter marked one of the strongest daily performances in nearly a month.
Despite the rebound, Ethereum ETFs still closed the week with total net outflows of $13.67 million, extending their losing streak to eight consecutive weeks. Cumulative net inflows have also declined from $12.09 billion in early May to $10.89 billion by the end of the latest trading session.
While the weekly result remained negative, the pace of withdrawals slowed considerably compared with the previous week, when investors pulled approximately $273.34 million from Ethereum ETF products. That improvement may suggest that selling pressure is beginning to ease.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic
