Spot Bitcoin ETFs saw $5.4 billion in net outflows for H1 2026, marking their first half-year decline since launch amid weaker crypto demand.
U.S. spot Bitcoin ETFs posted $5.4 billion in net outflows during the first half of 2026, ending a streak of consecutive half-year net inflows since their launch. The decline follows a record 13-day outflow streak in May and June, signaling reduced investor appetite for crypto exposure.
BlackRock’s IBIT, previously the largest inflow driver, saw $5 billion in net redemptions over the same period. Spot Ether ETFs also logged their first half-year net outflows, totaling $1.47 billion, as capital rotated into alternative products like staking-enabled ETFs.
The shift reflects broader investor caution toward digital assets, with positioning moving toward lower exposure to the sector.