Bitcoin spot ETFs just set a record nobody wanted. For the eighth straight week, net flows were negative — the longest losing streak since these funds launched.
Thursday looked like a turnaround. A massive inflow hit the market, giving hope the bleeding had stopped. But Friday’s outflows wiped it out, and the week closed in the red again.
The numbers tell a rough story. Investor appetite has cooled significantly after months of steady accumulation. Some analysts point to macroeconomic uncertainty and profit-taking after Bitcoin’s run earlier this year.
Hyperliquid ETFs also had a quiet week — just $4.3 million in inflows, their smallest since launching in May. That’s down from a record $111 million the prior week.
Whether this is a temporary cooldown or a broader shift remains unclear. But eight straight negative weeks is hard to ignore.
