Institutional investor activity took different directions on July 8, as spot Bitcoin ETFs recorded net outflows while spot Ethereum ETFs continued their positive momentum.
According to the latest data, spot Bitcoin ETFs posted $84.86 million in net outflows, suggesting some investors reduced their exposure to the leading cryptocurrency during the trading session.
In contrast, spot Ethereum ETFs attracted $70.48 million in net inflows, extending their streak to five consecutive trading days of positive capital flows.
The continued inflows into Ethereum ETFs indicate sustained institutional demand despite broader market uncertainty. Five straight days of net inflows suggest investors remain optimistic about Ethereum’s long-term outlook and continue allocating capital to regulated ETH investment products.
Meanwhile, Bitcoin’s outflows may reflect short-term profit-taking or portfolio rebalancing rather than a broader shift in institutional sentiment.
ETF flow data remains one of the most closely watched indicators of institutional demand in the cryptocurrency market. While Bitcoin experienced a single day of net outflows, Ethereum’s consistent inflows highlight growing interest in the second-largest digital asset.
Market participants will continue monitoring upcoming ETF reports to determine whether Ethereum’s inflow streak continues and whether Bitcoin can return to positive institutional demand in the coming sessions.


