outflow

According to SoSoValue data, yesterday (Eastern Time July 24), the total net outflow of Ethereum spot ETFs was $70.6179 million.The Ethereum spot ETF with the highest net inflow yesterday was Grayscale Ethereum Trust ETF ETH, with a net inflow of $9.9362 million, bringing the historical total net inflow of ETH to $1.810 billion.The Ethereum spot ETF with the highest net outflow yesterday was Blackrock ETF ETHA, with a net outflow of $52.7593 million, bringing the historical total net inflow of ETHA to $11.410 billion.As of the time of writing, the total net asset value of Ethereum spot ETFs is $10.167 billion, with an ETF net asset ratio (market value as a percentage of total Ethereum market value) of 4.53%, and the historical cumulative net inflow has reached $11.183 billion.

According to SoSoValue data, yesterday (Eastern Time July 24), the total net outflow of Bitcoin spot ETFs was $240 million.The Bitcoin spot ETF with the highest single-day net outflow yesterday was Blackrock ETF IBIT, with a single-day net outflow of $212 million. Currently, the historical total net inflow of IBIT has reached $60.394 billion.Next was Fidelity ETF FBTC, with a single-day net outflow of $27.9116 million. Currently, the historical total net inflow of FBTC has reached $10.005 billion.As of the time of writing, the total net asset value of Bitcoin spot ETFs is $77.823 billion, and the ETF net asset ratio (market value compared to the total market value of Bitcoin) is 6.05%. The historical cumulative net inflow has reached $51.386 billion.

According to SoSoValue data, yesterday (Eastern Time July 24), the HYPE spot ETF had a total net outflow of $6.8882 million in a single day.Yesterday, only the Bitwise Hyperliquid ETF (BHYP) had a net outflow, with a single-day net outflow of $6.8882 million, and the historical total net inflow currently stands at $117 million.As of the time of publication, the total net asset value of the HYPE spot ETF is $288 million, with a net asset ratio of 2.24%, and the historical cumulative net inflow has reached $293 million.

According to Coinglass data, Binance had a net outflow of 920 million USDT in the past 24 hours.

According to SoSoValue data, the total net outflow of Bitcoin spot ETFs yesterday was $225 million. The Bitcoin spot ETF with the highest net inflow in a single day was the Morgan Stanley ETF MSBT, with a net inflow of $5.0108 million. Currently, the historical total net inflow of MSBT has reached $400 million.The Bitcoin spot ETF with the highest net outflow in a single day was the Blackrock ETF IBIT, with a net outflow of $202 million. Currently, the historical total net inflow of IBIT has reached $60.607 billion. As of the time of publication, the total net asset value of Bitcoin spot ETFs is $78.817 billion, and the ETF net asset ratio (the market value compared to the total market value of Bitcoin) is 6.03%. The historical cumulative net inflow has reached $51.626 billion.

According to SoSoValue data, yesterday (Eastern Time July 23), the HYPE spot ETF had a total net outflow of $1.0249 million in a single day.Yesterday, only the Grayscale Hyperliquid Staking ETF (HYPG) experienced a net outflow, with a single-day net outflow of $1.0249 million, and the historical total net inflow has reached $127 million.As of the time of writing, the total net asset value of the HYPE spot ETF is $294 million, with a HYPE net asset ratio of 2.28%, and the historical cumulative net inflow has reached $300 million.

Former Fox Business reporter Eleanor Terrett stated that the U.S. Hispanic Chamber of Commerce (USHCC), which claims to represent millions of Hispanic businesses across the country, sent a letter to Senate leaders this week expressing concerns similar to those of community banks that the Clarity Act could accelerate deposit outflows. The organization believes that the bill will reduce loans to Hispanic small businesses and weaken investments in underserved communities.

CryptoQuant analyst Darkfost stated that the fund flow of spot Bitcoin ETFs over the past 30 days has seen a net outflow of approximately $2.1 billion, and the new demand from Strategy and other Bitcoin treasury companies has been close to zero for several weeks.He estimates that the monthly demand from treasury companies reached about $6.6 billion in August 2025, when BTC was around $115,000, while the current BTC is about $65,000, and the related demand has basically disappeared.

According to SoSoValue data, yesterday (Eastern Time July 22) the total net outflow of the SOL spot ETF was $1.2721 million.The SOL spot ETF with the highest net outflow yesterday was the Fidelity Solana Fund ETF (FSOL), with a net outflow of $686,600, and its historical total net inflow has reached $196 million. The second was the Grayscale Solana Trust (GSOL), with a net outflow of $585,500, and its historical total net inflow has reached $108 million.As of the time of publication, the total net asset value of the SOL spot ETF is $909 million, with a net asset ratio of 2.00%, and the historical cumulative net inflow has reached $1.144 billion.

On-chain data analyst Murphy stated that this cycle is significantly different from the past due to the influx of traditional institutional funds brought in by the BTC spot ETF. He pointed out that the net flow of the ETF essentially records the subscription and redemption results of authorized participants (AP) in the primary market. It will only translate into net inflows or outflows in the data when the selling pressure in the secondary market continues to push the ETF price away from its net asset value and exceeds the arbitrage cost line.Murphy analyzed the data from glassnode and noted that from January to February, the market showed "high trading volume + slight net outflow," indicating that although there was obvious panic selling at that time, there was still a large amount of buying support. In contrast, from May to July, the market exhibited "low trading volume + significant net outflow." The more core signal was not a significant increase in selling pressure, but rather the absence of marginal buying, leading to the ETF consistently trading at a discount and resulting in AP redemptions.He believes that this stage is more likely to reflect a second round of "surrender" at the institutional level, which typically belongs to the tail-end clearing pattern of the market, and judges that this may provide new layout opportunities for retail investors, although the duration cannot be clearly determined by the current data.

According to Coinglass data, Binance had a net outflow of 32,321,900 USDT in the past hour.

CryptoQuant analyst Darkfost stated that the outflow of stablecoins from Binance and Bybit in the past 30 days exceeded $2.3 billion, leading to a depletion of Bitcoin liquidity. Bitcoin has been testing the critical price level of $60,000 for nearly 165 days. Although it briefly broke through $80,000 in May, it failed to maintain or reignite the upward momentum of Bitcoin.One of the reasons for this situation is the lack of new liquidity flowing into the market. Whether through direct investment in Bitcoin or investment in the entire crypto market, new demand has been difficult to realize. Observing the changes in stablecoin reserves at exchanges, the situation has been particularly poor since the beginning of the year, with a nearly continuous decline, reflecting that outflows are significantly exceeding inflows. In just the past 30 days, Binance's stablecoin reserves have decreased by $1.55 billion, while Bybit lost $786 million during the same period. The decline in reserves sends a clear signal: demand and liquidity are shrinking, and investors seem inclined to withdraw stablecoins from exchanges or even exit the market entirely. Therefore, it is this still overly pessimistic overall market sentiment that continues to deprive Bitcoin of the resources needed to break through the current consolidation range.

According to SoSoValue data, yesterday (Eastern Time July 17), the HYPE spot ETF had a total net outflow of $5.4543 million.The HYPE spot ETF with the highest net outflow yesterday was the Bitwise Hyperliquid ETF (BHYP), with a net outflow of $3.3698 million for the day, currently having a historical total net inflow of $124 million.Next was the 21Shares Hyperliquid ETF (THYP), with a net outflow of $2.0845 million for the day, currently having a historical total net inflow of $52.9628 million.As of the time of publication, the total net asset value of the HYPE spot ETF is $30.6 million, with a HYPE net asset ratio of 2.31%, and the historical cumulative net inflow has reached $301 million.

Bitcoin ETF net inflow was $79.15 million, marking the third consecutive trading day of net inflows. Among them, Blackrock IBIT had a net inflow of $33.44 million, Fidelity FBTC had a net inflow of $30.73 million, and Bitwise BITB had a net inflow of $14.98 million.Ethereum ETF experienced a net outflow of $28.04 million on the same day. Grayscale Ether Mini Trust had a net outflow of $14.28 million, Fidelity FETH had a net outflow of $11.20 million, and Grayscale ETHE had a net outflow of $4.84 million; Bitwise ETHW had a net inflow of $2.28 million. XRP ETF had a net inflow of $6.78 million, and Solana ETF had a net inflow of $1.66 million.T. Rowe Price's TKNZ began trading, with initial assets of approximately $15 million, and the portfolio includes Bitcoin, Ethereum, BNB, Solana, XRP, HYPE, XLM, and Dogecoin.

According to Coinglass data, Binance experienced a net outflow of 33.4637 million USDT in the past hour.

The Financial Services Commission of South Korea responded positively to the recent controversies surrounding single-stock leveraged exchange-traded funds (ETFs) when it released supplementary regulatory measures. Byeon Je-ho, the Director of the Capital Markets Bureau of the Financial Services Commission, clearly stated that launching leveraged ETF products targeting single stocks such as Samsung Electronics and SK Hynix in the domestic market has indeed had a significant effect in locking in domestic investment demand and preventing capital outflow to overseas leveraged markets like Hong Kong or the United States.In response to external accusations that single-stock leveraged ETFs are the "main culprit" behind the recent increase in volatility in the South Korean stock market, the Financial Services Commission refuted this claim. Byeon Je-ho pointed out that the recent dramatic market fluctuations cannot be solely explained by leveraged ETFs, with the core reason being the alternating expectations of the global semiconductor industry cycle. Data shows that from May 26 to July 10, the annualized daily return volatility of U.S. SanDisk (131%), Micron (123%), and Japan's Kioxia (118%) was higher than that of South Korea's SK Hynix (113%) and Samsung Electronics (96%). Additionally, some investors' contrarian operations have played a role in stabilizing stock prices to some extent.Regarding the demands from some politicians and market participants to "forcefully delist single-stock leveraged ETFs," the Financial Services Commission clearly rejected this request. The official explanation stated that delisting must meet statutory termination criteria such as a sharp decline in market value or a lack of liquidity providers (LPs), and currently, the market is showing signs of heating up due to excessive demand, which does not meet the delisting conditions. The Financial Services Commission indicated that such calls should be understood as the market's urgent expectation for strengthened compliance and robust regulatory measures.

The US spot Bitcoin ETF saw a net outflow of $4.5 billion in June, marking the worst monthly performance since its launch in January 2024. Bitcoin fell 20.48% in June, hitting a 21-month low of $58,190 on July 1. Citigroup lowered its 12-month price target for Bitcoin from $112,000 to $82,000, having previously reduced it from $143,000 on March 17. Citigroup also cut its 12-month price target for Ethereum from $3,175 to $2,240.Strategy sold 32 Bitcoins from May 26 to 31, amounting to approximately $2.5 million, marking its first sale since December 2022. As of May 31, it held 843,706 Bitcoins, and the board approved a Bitcoin sale framework of up to $1.25 billion. The open interest in leveraged Bitcoin futures dropped from about $31.3 billion around May 30 to about $21.6 billion at the beginning of June. Within two weeks, major holders increased their holdings by over 270,000 Bitcoins.

According to SoSoValue data, yesterday (Eastern Time July 14), the total net inflow of Ethereum spot ETFs was $58.3385 million. The Ethereum spot ETF with the highest single-day net inflow yesterday was the Blackrock ETF ETHA, with a single-day net inflow of $58.3385 million. Currently, the historical total net inflow of ETHA has reached $11.237 billion.As of the time of writing, the total net asset value of Ethereum spot ETFs is $10.091 billion, and the ETF net asset ratio (the market value compared to the total market value of Ethereum) is 4.46%. The historical cumulative net inflow has reached $11.016 billion.

According to Lookonchain monitoring, the net outflow of Bitcoin ETFs in the United States was 6,904 BTC, with a net outflow of 8,166 BTC over 7 days. The net outflow of Ethereum ETFs was 8,807 ETH, with a net inflow of 26,101 ETH over 7 days.

According to Coinglass data, Binance had a net outflow of 34,552,200 USDT in the past hour.