US spot Bitcoin ETFs post $425M outflow after brief rebound
US-listed spot Bitcoin ETFs swung back to heavy outflows, logging $424.66 million in net withdrawals on Monday, the largest single-day outflow in July. That reversed last week’s $197.4 million inflow, which had briefly broken an eight-week streak of weekly redemptions and suggested possible recovery in institutional demand. The latest selling adds to a weak year for the funds: US spot Bitcoin ETFs have seen about $5.8 billion in net outflows so far in 2025, including a record $4.51 billion monthly outflow in June. Despite this, the ETFs still hold $74.79 billion in net assets and $50.85 billion in cumulative inflows. The renewed outflows have increased uncertainty over whether Bitcoin has found a market bottom. Some onchain data points to whale accumulation, but analysts say a broad, durable bottom has not yet been confirmed. Bitcoin was trading around $62,589, about 30% below its level at the start of the year.
