Bitcoin and Ethereum ETF outflows negative for nine consecutive days

US spot Bitcoin ETFs and Ethereum ETFs are in a significant negative streak. On 30 June, money flowed out of both ETF categories for the ninth consecutive day, putting pressure on prices. Bitcoin is currently trading around $58.600, down 1.3% in the past 24 hours.

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Nine Days of Outflows from Bitcoin ETFs

According to data from SoSoValue, US spot Bitcoin ETFs recorded a total net outflow of $222.64 million on 30 June. This extends the negative streak to nine consecutive trading days. Total net assets under management currently stand at $70.95 billion.

This persistent outflow is striking, especially now that the outflow on 29 June had already risen to $231 million. The pressure on the ETF market therefore does not appear to be easing. Earlier this year, total Bitcoin ETF outflows already exceeded the 100,000 BTC mark in 2026, indicating that the outflow is structural in nature.

Ethereum ETFs Also See Nine Days of Outflows

The negative trend is not limited to Bitcoin. US spot Ethereum ETFs recorded a net outflow of $27.6 million on the same day, also for the ninth consecutive day. This makes the situation for both major cryptocurrencies similar: investors are withdrawing money from the regulated ETF products.

The Ethereum price is also under pressure as a result. Analysts point out that the outflow from ETFs could be a sign of waning short-term confidence among institutional investors. Whether the downward trend continues will depend in part on broader market conditions. The Bitcoin price already dipped below $60.000 and is currently moving around $58.600.