Crypto ETF Outflows Deepen on July 9 as Bitcoin and Ether Funds Lose $147 Million

BTC2.26%
SOL1.53%
IBIT1.67%

According to Farside Investors, Bitcoin and Ether spot ETFs recorded combined net outflows of $147.5 million on July 9. Bitcoin ETFs posted $95.3 million in net outflows, while Ether ETFs lost $52.2 million. Solana ETFs remained the only positive category with $0.4 million in inflows. Bitcoin's outflows were led by Fidelity's FBTC with $63.3 million, followed by Ark and 21Shares' ARKB losing $39.9 million, while BlackRock's IBIT was flat after driving inflows earlier in the week.

Ether ETFs reversed sharply after posting $70.5 million in inflows on July 8. Fidelity's FETH recorded $34 million in outflows on July 9, with BlackRock's ETHA seeing $12.7 million outflow. The data suggests institutional buyers remain cautious despite Bitcoin trading above $63,000.

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