Bitcoin ETFs have recorded four consecutive weeks with over $1 billion in net outflows, totaling roughly $9 billion since their recent peak, according to Bloomberg Intelligence's James Seyffart. Despite this, cumulative net inflows since launch remain above $50 billion. Seyffart argues that investors may be overreacting, as ETF redemption cycles are normal in emerging asset classes. Other crypto ETFs, such as those for Solana and XRP, have continued to attract assets, while Hyperliquid ETFs debuted with $161 million. However, competition from AI and space-related investments, including the SpaceX IPO, is drawing capital away from crypto. Seyffart expects future growth in actively managed crypto ETFs that package multiple assets, helping advisors gain exposure without deep technical knowledge.

Key facts

• Bitcoin ETFs saw four straight weeks with >$1B outflows, totaling ~$9B since peak.
• Cumulative net inflows remain >$50B; Seyffart calls outflows a normal cycle.
• Solana and XRP ETFs continue attracting assets despite market downturn.
• Hyperliquid ETFs launched in May with ~$161M in assets under management.
• Competition from AI and space investments, like SpaceX IPO, siphons capital.

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