
Bitcoin and Ether ETFs turned negative again, while Solana products posted small outflows and Japan signaled it may study a legal path for crypto ETFs.
U.S. spot Bitcoin ETFs recorded $84.8601 million in net outflows on July 8, while U.S. spot Ether ETFs flipped from a five-day inflow streak to $52.0804 million in net outflows on July 9. For Bitcoin funds, Grayscale GBTC led withdrawals with $63.6893 million, followed by BlackRock’s IBIT at $59.13 million and Fidelity’s FBTC at $14.88 million, while Grayscale Bitcoin Mini Trust ETF BTC added $52.8336 million. For Ether funds, Fidelity’s FETH led July 9 outflows with $33.9629 million and BlackRock’s ETHA lost $12.6671 million. A subsequent report described another risk-off session with Bitcoin ETFs losing $95.30 million, Ether ETFs shedding $52.08 million, and Solana ETFs posting a $605,110 net outflow, while HYPE and XRP ETFs saw no trading activity. The same report said Japan is examining a legal path for crypto ETFs as overseas digital-asset trading expands.