Live markets: Bitcoin ETFs slip back to outflows while ether funds extend their streak

Live markets: Bitcoin ETFs slip back to outflows while ether funds extend their streak

liveUpdated 9 minutes ago

U.S. spot bitcoin ETFs lost a net $84 million on Wednesday, ending a three-day inflow run that had pulled in roughly $509 million

By Shaurya Malwa

Share this post

The yield on the U.S. 10-year Treasury note has steadied near the seven-week high of 4.60% reached Wednesday.

The benchmark yield has jumped by over 10 basis points this month, even though Fed Chairman Kevin Warsh noted a moderation in inflation risks right at the start of the month. Further, Friday’s nonfarm payrolls data revealed labor market softness.

A continued hardening of the bond yield may pose headwind to risk assets, including cryptocurrencies.



Share this post

U.S. spot bitcoin ETFs lost a net $85 million on Wednesday, ending a three-day inflow run that had pulled in roughly $509 million, per SoSoValue data. Ether ETFs took in about $70 million the same day, a fifth straight session of inflows.

The bitcoin outflow was broad. BlackRock’s IBIT shed roughly $59 million, Grayscale’s GBTC lost nearly $64 million, and Fidelity’s FBTC gave up about $15 million.

Grayscale’s mini BTC fund was the only one in the green at nearly $53 million. Total bitcoin ETF assets fell to about $75 billion.

Ether’s flows came from a narrower base but kept pointing the same way. Fidelity’s FETH led with roughly $69 million, with VanEck’s ETHV adding just over $1 million and every other fund flat. Ether ETF assets sit at about $9 billion.

The split matches the price tape. Bitcoin traded near $62,300 and ether near $1,740, both down about 3% on the day, though ether has outperformed over the past two weeks as the Lean Ethereum roadmap and returning ETF demand gave it a story bitcoin has lacked.

By CoinDesk Research

Jul 7, 2026

Stablecoin market cap fell to $312B in June, its largest monthly drop since TerraUSD, while tokenized equity volumes surged 145% to a record $3.86B.

Why it matters:

Stablecoin market cap fell to $312B in June, its largest monthly drop since TerraUSD, while tokenized equity volumes surged 145% to a record $3.86B.


 

Leave a Reply

Your email address will not be published. Required fields are marked *