Bitcoin And Ethereum ETFs Post $310 Million Outflows Amid Market Turmoil

US spot Bitcoin and Ethereum ETFs recorded a combined net outflow of roughly $310.62 million on July 24, according to SoSoValue data, marking a sharp reversal in recent flow trends as investors pulled back from risk assets.

BlackRock Funds Lead The Redemptions

Bitcoin ETFs accounted for the bulk of the outflows at approximately $240.1 million, with BlackRock’s IBIT responsible for $212 million of that total on its own.

Ethereum ETFs saw around $70.7 million in redemptions, also driven largely by BlackRock’s ETHA fund. The Ethereum outflow figure stands out given the smaller overall asset base of Ether-focused funds compared to Bitcoin products.

Geopolitical Tensions And Equity Sell-Off Drive Caution

The outflows coincided with escalating tensions tied to US-Iran relations alongside a broader sell-off across equity markets, prompting institutional investors to trim exposure to riskier assets. The move interrupted a recent recovery in Bitcoin ETF flows, pointing to renewed caution among large investors. Since ETF flow data reflects real capital movement rather than sentiment alone, the shift is being closely watched as an early signal of institutional positioning.