The outflows mark the first negative week for Bitcoin spot ETFs since late July, contrasting with inflows in Ethereum and other crypto ETFs.
Bitcoin spot exchange-traded funds recorded $61.53 million in net outflows for the week ending July 31, halting a three-week streak of inflows. The shift follows a period of sustained investor interest that began in late July.
Ethereum spot ETFs extended their inflow streak to four weeks, attracting $27.42 million. Other crypto ETFs saw mixed results, with SOL and XRP products posting inflows of $2.82 million and $14.86 million, respectively, while HYPE ETFs reported $14.75 million in outflows.
The outflows in Bitcoin ETFs contrast with broader trends in digital asset ETFs, which have seen varying demand across different cryptocurrencies.