DWF Labs experiences U.S. spot Bitcoin ETFs noticed $5.4B in H1 2026 outflows, whereas Ether ETFs recorded $1.47B in withdrawals.
U.S. spot Bitcoin ETFs recorded their first half-year internet outflows since launch, in line with DWF Labs. The funds ended H1 2026 with $5.4 billion in internet outflows.
The report confirmed a change in investor demand for crypto publicity. Bitcoin ETFs had recorded internet inflows in each earlier half-year interval since launch.
The weaker development additionally reached the Ether ETF market. U.S. spot Ether ETFs posted $1.47 billion in internet outflows throughout H1 2026.
The info pointed to decrease demand throughout main U.S. spot crypto ETFs. It additionally confirmed that traders decreased publicity to each Bitcoin and Ether funds.
Bitcoin ETFs Break Earlier Influx Development
U.S. spot Bitcoin ETFs had drawn regular demand after their launch in 2024. Nonetheless, DWF Labs stated H1 2026 ended that sample with $5.4 billion in internet outflows. The consequence marked the primary half-year withdrawal interval for the class.
DWF Labs: U.S. Spot Bitcoin ETFs Publish First-Ever Half-12 months Internet Outflows Since Launch
DWF Labs stated U.S. spot Bitcoin ETFs posted their first-ever internet outflows on a half-year foundation since launch, ending H1 2026 with $5.4 billion in internet outflows after recording internet inflows in each… pic.twitter.com/AFWyx42TPY
— Wu Blockchain (@WuBlockchain) July 2, 2026
The change adopted a tough stretch in Could and early June. In line with DWF Labs, Bitcoin ETFs logged 13 straight buying and selling days of internet outflows. The streak ran from Could 15 by means of June 3.
Earlier than this era, the class had posted internet inflows in each half-year interval. Due to this fact, the H1 2026 information confirmed a transparent shift in fund exercise. It additionally confirmed weaker demand for direct Bitcoin publicity by means of U.S. spot ETFs.
BlackRock IBIT Sees Heavy Redemptions
BlackRock’s iShares Bitcoin Belief, often called IBIT, was central to the outflow development. DWF Labs stated the fund noticed about $5 billion in internet redemptions throughout Could and June. That exercise reversed its earlier function as a serious supply of inflows.
IBIT had beforehand led the U.S. spot Bitcoin ETF market in attracting capital. Nonetheless, the Could and June withdrawals confirmed that demand additionally weakened for the biggest product. The redemptions added strain to the broader Bitcoin ETF class.
The report didn’t level to at least one single trigger for the withdrawals. As an alternative, it described a broader pullback in crypto ETF demand. Because of this, Bitcoin funds moved from regular inflows to half-year internet outflows.
Learn additionally: Ethereum Holders Are Below Historic Stress – Is a Main Rebound Subsequent?
Ether ETFs Additionally Report H1 Outflows
U.S. spot Ether ETFs additionally posted their first half-year internet outflows since launch. DWF Labs stated the merchandise recorded $1.47 billion in internet withdrawals throughout H1 2026. This positioned Ether ETFs on the identical path as Bitcoin funds.
JUST IN: DWF Labs: U.S. Spot Bitcoin ETFs Publish First-Ever Half-12 months Internet Outflows Since Launch
DWF Labs stated U.S. spot Bitcoin ETFs posted their first-ever internet outflows on a half-year foundation since launch, ending H1 2026 with $5.4 billion in internet outflows after recording internet inflows… pic.twitter.com/Mty3jlCjd6
— Crypto Pay 🟠 (@cryptopaydotcom) July 2, 2026
Some capital moved into staking-enabled Ether ETFs throughout the interval. Nonetheless, that shift didn’t offset the broader withdrawals from spot Ether funds. The report stated general investor positioning moved towards decrease crypto publicity.
Collectively, the Bitcoin and Ether figures confirmed weaker demand for main crypto ETFs. The outflows marked a change from earlier intervals of stronger fund inflows. DWF Labs stated the H1 information mirrored decreased publicity throughout the asset class.