Crypto ETF flows started the week on a weak note on Monday, July 13, with bitcoin ETFs posting $424.66 million in outflows and ether funds losing $15.41 million. HYPE ETFs also slipped, while XRP and solana products saw no trading activity in a subdued session.
Key Takeaways
Bitcoin ETFs lost $424.66M as Fidelity FBTC and Blackrock IBIT led renewed outflows.Ether and HYPE ETFs also fell, while XRP and solana recorded no trading activity.Glassnode says low ETF volumes may delay a stronger bitcoin price recovery.The new week began with little urgency and plenty of caution.
Bitcoin ETFs Lead the PullbackFidelity’s FBTC led the redemptions with a $245.62 million exit. Blackrock’s IBIT followed with $185.50 million in outflows, while Grayscale’s GBTC saw $53.06 million leave the fund.
The flow picture pointed to renewed caution rather than broad panic. Still, the size of the exits showed that institutional demand remains fragile, especially when trading activity is light.
Ether ETFs also ended in negative territory, posting $15.41 million in net outflows. The exit was mainly from Fidelity’s FETH, with no inflows recorded across the group. Total ether ETF value traded reached $430.91 million, while net assets closed at $9.46 billion.
HYPE ETFs added to the day’s red tone with a $3.93 million net outflow, entirely from Bitwise’s BHYP. Total value traded came in at $14.79 million, and net assets closed at $327.79 million.
