Bitcoin ETFs lose over $424M, wiping out last week’s gains as recovery fails first test
Spot Bitcoin ETFs posted $424.7 million of net outflows on July 13, more than twice the $197.4 million they had attracted across the previous five trading days. The one-day loss pushed the cumulative balance for July 6...
Bitcoin 1 Minute
Here is the latest from the digital-asset markets: Spot Bitcoin ETFs posted $424. 7 million of net outflows on July 13, more than twice the $197. 4 million they had attracted across the previous five trading days.
The one-day loss pushed the cumulative balance for July 6 through July 13 to negative $227. 3 million, failing the first follow-through test after the prior week ended an eight-week outflow streak. Related Reading Bitcoin ETFs see biggest inflow since May after weak US jobs report sparks BTC price rebound A $223 million inflow into spot Bitcoin funds offered relief to crypto markets after softer labor data reduced immediate pressure from rate expectations.
Market Dynamics
Jul 3, 2026 Oluwapelumi Adejumo BlackRock's IBIT accounted for $291. 9 million in inflows from July 6 to July 10, exceeding the industry's entire weekly gain. Fidelity's FBTC, meanwhile, posted $93.
4 million in outflows over the same period. According to Farside Investors, on July 13, FBTC lost another $245. 6 million, while IBIT recorded $185.
5 million in outflows. The funds' combined $431. 1 million outflow was partly offset by $6.
Market Impact
1 million entering VanEck's HODL and $53. 4 million entering Grayscale's lower-fee BTC fund. Grayscale's GBTC recorded $53.
1 million in outflows. Although investors did not exit every product, withdrawals from FBTC and IBIT show that the previous week's positive total was driven more by a single fund than by a broad rebound in ETF demand. 's earlier analysis of the July 6 rebound identified broader participation across issuers as the signal needed to turn one strong IBIT session into durable support.
Instead, IBIT reversed course while the existing pressure on FBTC intensified. Related Reading Bitcoin’s biggest ETF is becoming the sell wall bulls have to break IBIT still dominates the spot Bitcoin ETF market, but Farside's latest flow data shows its scale can now work in reverse when Bitcoin needs fresh spot demand around $60,000. Jun 28, 2026 Liam 'Akiba' Wright Bitcoin is trading near $62,611 on July 14, according to data, but neither the price nor the flow data explains why investors reduced their exposure.
Crypto markets are watching this development closely as investors weigh its potential impact on prices.
