US spot Bitcoin ETFs recorded their largest single-day outflow of July, with $424.66 million withdrawn from the funds. The sharp decline reversed a brief return to positive net inflows seen earlier in the week.
US-listed spot Bitcoin exchange-traded funds (ETFs) shifted back to net outflows, erasing the brief recovery in positive fund flows recorded during the previous week.
According to SoSoValue data, spot Bitcoin ETFs posted net outflows of $424.66 million on Monday, marking the largest single-day withdrawal recorded so far in July.
The latest wave of outflows erased last week’s $197.4 million in net inflows, which had temporarily ended an eight-week streak of weekly withdrawals and sparked optimism that institutional demand was beginning to recover.
The renewed selling pressure has left demand for Bitcoin ETFs on uncertain footing following June’s record outflow month, even as onchain data suggests that large Bitcoin holders continue to accumulate the asset.
US Spot Bitcoin ETFs Record $5.8 Billion in Net Outflows This Year#
US spot Bitcoin ETFs have posted approximately $5.8 billion in net outflows so far this year, with the latest withdrawals extending the broader trend of sustained selling pressure.
June recorded the largest monthly net outflow on record, as investors withdrew $4.51 billion from spot Bitcoin ETFs.
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Despite continued selling pressure, spot Bitcoin ETFs still manage substantial investor capital. As of Monday, the funds held total net assets of $74.79 billion, while cumulative net inflows remained at $50.85 billion.
The funds first surpassed the $50 billion mark in cumulative net inflows in July 2025, roughly 18 months after their launch in January 2024.
Bitcoin ETF Reversal Fuels Uncertainty Over Market Bottom#
The inability of US spot Bitcoin ETFs to build on last week’s inflow streak adds to growing signs of investor caution. Market analysts remain divided over whether Bitcoin’s recent downturn is close to ending or if further losses could still lie ahead.
CryptoQuant analyst Sunny Mom said the market is showing mixed signals. Nearly $10 billion has flowed out of US spot Bitcoin ETFs since Oct. 11, 2025, indicating weaker institutional demand, while the number of newly emerging Bitcoin whales has continued to increase.
“A clear, broad-based market bottom has not yet been confirmed,” Sunny Mom wrote in a Thursday update, adding that while whale accumulation could help reduce further downside, it does not yet indicate a lasting market recovery.
At the time of publication, Bitcoin was trading at $62,589, leaving the cryptocurrency about 30% below its price at the beginning of the year, according to CoinGecko data.
