Crypto ETFs Split as Ether, HYPE and Solana Gain While Bitcoin Loses $295 Million

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Crypto ETF flows remained uneven connected Wednesday, July 1, arsenic bitcoin funds posted a $294.62 cardinal outflow, extending their redemption streak to 10 trading days. Ether, HYPE and solana ETFs drew caller inflows, portion XRP products slipped into the red.

Key Takeaways

  • Bitcoin ETFs mislaid $294.62M, with Blackrock’s IBIT extending a 10-day outflow streak.
  • Blackrock’s ETHA helped Ether ETFs adhd $14.89M, arsenic HYPE and Solana besides gained.
  • Cryptoquant says 100,000+ BTC near ETF reserves successful 2026, keeping sentiment cautious.

Ether ETFs Add $14.9 Million arsenic Bitcoin Funds Extend 10 Straight Days of Outflows

The caller period opened with nary cleanable reset for crypto exchange-traded funds (ETFs).

Bitcoin remained the unit point, weighed down by different ample exit from Blackrock’s IBIT. Yet the remainder of the marketplace was little one-sided. Ether flipped positive, HYPE regained inflows, and solana ended the time modestly green.

Bitcoin ETFs Stay Under Pressure

Bitcoin ETFs recorded $294.62 cardinal successful nett outflows, marking a 10th consecutive time of redemptions. The time was mixed beneath the surface, but the outflows were excessively ample to overcome.

Blackrock’s IBIT again led the exits with $219.39 cardinal leaving the fund. Grayscale’s GBTC mislaid $62.79 million, Fidelity’s FBTC saw a $51.02 cardinal departure, and Ark & 21Shares’ ARKB posted a $39.30 cardinal outflow.

There were meaningful inflows elsewhere. Grayscale’s Bitcoin Mini Trust added $36.33 million, portion Morgan Stanley’s MSBT brought successful $29.81 million. Invesco’s BTCO gained $5.37 million, Franklin’s EZBC added $3.48 million, Vaneck’s HODL drew $2.13 million, and Hashdex’s DEFI added $1.36 million.

Total bitcoin ETF worth traded was $2.40 billion, portion full nett assets closed astatine $72.46 billion.

Cryptoquant’s Julio Monero said U.S.-based bitcoin ETF holdings are present little than they were connected the aforesaid time past year, adding that wide bitcoin request continues to contract. Darkfost, a verified Cryptoquant author, added that much than 100,000 BTC person near ETF supplier reserves successful 2026, and much than 160,000 BTC person been sold since the October 2025 highest successful ETF-held bitcoin.

Crypto ETFs Split arsenic  Ether, HYPE and Solana Gain While Bitcoin Loses $295 MillionSource: Cryptoquant

Ether Rebounds arsenic Altcoin Flows Split

Ether ETFs broke with the bitcoin trend, signaling $14.89 cardinal successful nett inflows. Blackrock’s ETHA carried the day, adding $36.64 million.

That was capable to sorb outflows of $18.46 cardinal from Grayscale’s Ether Mini Trust, $1.67 cardinal from Blackrock’s ETHB, and $1.61 cardinal from Fidelity’s FETH. Total ether ETF worth traded reached $500.33 million, with nett assets closing astatine $8.56 billion.

Crypto ETFs Split arsenic  Ether, HYPE and Solana Gain While Bitcoin Loses $295 MillionEther ETFs extremity 9-day outflow streak with $14.89 cardinal inflow. Source: Sosovalue

HYPE ETFs returned to inflows, adding $2.85 million, chiefly done Bitwise’s BHYP. Total worth traded was $13.26 million, portion nett assets closed astatine $318.81 million.

XRP ETFs recorded a $1.86 cardinal nett outflow. Franklin’s XRPZ added $2.88 million, but Bitwise’s XRP merchandise mislaid $4.75 million. Total worth traded was $14.05 million, and nett assets closed astatine $960.61 million.

Solana ETFs added $521,070, with Bitwise’s BSOL drafting $3.99 cardinal and Grayscale’s GSOL losing $3.47 million. Total worth traded was $68.06 million, portion nett assets closed astatine $891.24 million.

Wednesday’s flows showed a marketplace inactive led by bitcoin weakness, but not defined by it entirely. Ether and prime altcoin funds recovered buyers, adjacent arsenic bitcoin ETF redemptions continued to predominate the broader narrative.

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