The inflow streak into US spot Bitcoin ETFs halted with $342.25 million net outflows on 1 July 2025 after a robust 15-day run of $4.73 billion inflows since mid-June.
Top withdrawals included $172.73 million from Fidelity’s FBTC, $119.51 million from Grayscale’s GBTC, $27.03 million from ARK21Shares’ ARKB, and $22.98 million from Bitwise’s BITB.
ETH-focused funds saw $40.68 million net inflows, contrasting Bitcoin's slow quarter.
The reversal in Bitcoin ETF flows coincided with the US Senate passing the 'Big Beautiful Bill,' a $3.3 trillion spending package that excluded provisions related to Bitcoin, disappointing the crypto industry.