Spot ETF Flows Turn Negative for Bitcoin and Ethereum

• U.S. spot Bitcoin ETFs posted $95.30 million in net outflows on July 9.
• Spot Ethereum ETFs recorded $52.08 million in net outflows.
• Ethereum’s five-day streak of positive ETF inflows has come to an end.

Institutional sentiment weakened on July 9 (ET) as both U.S. spot Bitcoin and spot Ethereum exchange-traded funds (ETFs) recorded net outflows.

According to the latest data, U.S. spot Bitcoin ETFs saw total net outflows of $95.30 million, extending recent fluctuations in institutional demand for the world’s largest cryptocurrency.

Meanwhile, spot Ethereum ETFs recorded $52.08 million in net outflows, bringing an end to a five-day streak of consecutive net inflows that had reflected strong investor interest in Ethereum.

Ethereum’s Positive Momentum Pauses

The latest outflows mark the first negative session for Ethereum ETFs after five straight trading days of attracting fresh capital. Although the streak has ended, the previous inflows demonstrated continued institutional interest in Ethereum throughout the week.

Bitcoin also remained under pressure as investors withdrew capital from spot ETFs, highlighting ongoing caution across the broader crypto market.

What Investors Should Watch Next

ETF flow data is one of the most closely followed indicators of institutional participation in digital assets. Consecutive inflows often signal growing confidence, while sustained outflows may reflect profit-taking, portfolio adjustments, or broader risk-off sentiment.

Although both Bitcoin and Ethereum ETFs ended July 9 in negative territory, investors will be watching upcoming trading sessions to see whether the outflows continue or if institutional demand quickly returns.