Crypto ETFs Shed Nearly $1 billion After July’s Record $12.8 billion Inflows

* U.S. spot Bitcoin and Ethereum ETFs saw nearly $1 billion in combined outflows on August 1. * July's record-setting $12.8 billion in inflows reversed dramatically, with Fidelity and Ark ETFs facing significant losses. On August 2, 2025, The Block reported that U.S. spot Bitcoin and Ethereum exchange-traded funds (ETFs) experienced a sharp reversal following a record-breaking July. On August 1, Bitcoin funds faced outflows totaling $812.3 million, marking their worst day since February 24 and their second-worst day ever. Ethereum funds followed suit, shedding $152.3 million and ending a 20-day streak of consecutive inflows. While BlackRock’s industry-leading Bitcoin ETF, IBIT, remained relatively stable with only $2.6 million in outflows, Fidelity’s FBTC ETF and Ark & 21Shares’ ARKB ETF suffered significant losses. Each fund reported outflows of approximately $330 million. Other Bitcoin ETFs, including those from Grayscale and Bitwise, also saw no inflows. Ethereum ETFs mirrored Bitcoin’s decline. Bitwise’s ETHW fund faced outflows of $40.3 million, and Grayscale’s ETHE shed $37.2 million. BlackRock’s flagship Ethereum ETF, ETHA, remained neutral with no significant activity. This downturn follows a historic month for crypto ETFs when they averaged daily inflows of $600 million and reached a cumulative $12.8 billion in July, a performance that outpaced even major traditional funds like the Vanguard S&P 500 ETF (VOO). Meanwhile, this pullback occurs as fund issuers continue to seek regulatory approval for new crypto products, such as spot Solana ETFs. As of August 2, market data showed Bitcoin (BTC) trading at $112,836.42, with a 2.42% decline in 24-hour trading volume. Ethereum (ETH) was trading at $3,453.97, with its volume down 4.82%, and Solana (SOL) was trading at $161.809, with a 4.10% decline in 24-hour trading volume.