On Wednesday, U.S. spot bitcoin ETFs experienced a net inflow of $3.05 million, marking the end of a 13-day streak of outflows that totaled approximately $4.4 billion. Concurrently, ether ETFs concluded a 17-day outflow period with a $19.30 million inflow, entirely attributed to BlackRock's ETHA.
Key Insights:
- U.S. spot bitcoin ETFs recorded a modest net inflow of $3.05 million, halting a 13-session outflow streak that resulted in over $4.4 billion in redemptions since mid-May.
- Overall bitcoin ETF holdings have decreased by about 7.2% from their peak in October 2025, now totaling 1.277 million BTC, while ether ETFs also reversed a 17-day outflow streak with a $19.30 million inflow primarily driven by BlackRock’s ETHA.
- Hyperliquid’s HYPE ETFs have seen consistent demand since their launch in May, amassing $185.68 million in assets with daily net inflows, despite a general downturn in crypto and risk markets alongside declines in AI-related stocks.
U.S. spot bitcoin ETFs recorded a slight net inflow of $3.05 million on Wednesday, breaking a 13-day streak of redemptions that drained over $4.4 billion from the sector since mid-May.
This outflow trend caused total bitcoin ETF assets to decline from $104.29 billion to $80.40 billion.
BlackRock's IBIT, the largest fund in this category, gained $47.66 million, while Fidelity's FBTC, Bitwise's BITB, and Ark's ARKB continued to see outflows, according to SoSoValue data.
Currently, the total assets under management (AUM) in U.S. spot Bitcoin ETFs stand at 1.277 million BTC, slightly above the February 23 low of 1.274 million BTC, which occurred as bitcoin recovered from its February low near $60,000.
Bitcoin ETF holdings reached a peak of 1.376 million BTC in October 2025, but have since fallen by approximately 99,000 BTC, or 7.2%.
In a similar vein, spot ether ETFs ended a 17-day outflow streak with a $19.30 million inflow, which was solely attributed to BlackRock's ETHA, as all other ether ETFs reported no net flow.
The total assets in ether ETFs now amount to $9.78 billion, representing 4.57% of ether's circulating market cap, with cumulative inflows amounting to $11.21 billion since their launch in 2024. However, this figure remains about $2 billion below the asset peak reached earlier this year.
Hyperliquid's HYPE ETFs have been the only category to avoid outflows during the broader market downturn, continuing this trend on Wednesday. The three-fund complex attracted an additional $12.15 million, with Bitwise's BHYP bringing in $7.45 million and Grayscale's newly launched low-fee HYPG fund drawing $4.70 million on its debut.
Net assets for HYPE ETFs have now reached $185.68 million within roughly four weeks since their launch on May 12, with every trading day in this period resulting in net inflows.
The size of the inflows on Friday in relation to the magnitude of the outflow streaks they ended is notable. The $3 million inflow into bitcoin ETFs following $4.4 billion in redemptions is more of an anomaly than a trend shift, coinciding with a day when bitcoin was trading at $63,629, significantly lower than the values seen during the height of outflows in late May.
As of now, bitcoin is trading at $62,715, ether at $1,696, while the overall risk environment has worsened as the global AI trade falters following Broadcom's disappointing outlook and a 4.7% drop in the KOSPI.