US spot Bitcoin ETFs recorded net outflows for the eighth consecutive week, setting the longest streak in history.

BlockBeats news: On July 5, the U.S. spot Bitcoin ETF recorded a cumulative net outflow of approximately $527 million over the four trading days ending July 2, marking the eighth consecutive week of net outflows and setting the longest weekly outflow streak since these products were launched.

Despite a net inflow of $221.72 million on July 2, which ended the prior trend of cumulative outflows of approximately $2.71 billion over 10 consecutive trading days, the overall weekly capital outflows have not been reversed. Among them, Fidelity’s FBTC had a net inflow of $165.96 million on the day, and ARK and 21Shares’ ARKB had a net inflow of $91.84 million; while BlackRock’s IBIT had a net outflow of $40.43 million on the day, marking redemptions for the 11th consecutive trading day and bringing cumulative outflows to approximately $2.2 billion.

In addition, the U.S. spot Ethereum ETF recorded a net outflow of $13.67 million for the week ending July 2, marking the eighth consecutive week of net outflows and tying the longest historical outflow streak. However, this product category has achieved net inflows for two consecutive trading days, with BlackRock’s ETHA recording a net inflow of $29.74 million on July 2.

Meanwhile, the U.S. Hyperliquid ETF recorded a net inflow of $4.32 million for the week, the lowest single-week inflow since it was launched in mid-May. This represents a clear slowdown compared with the record net inflow of $111.36 million from the previous week.