{"id":75022,"date":"2026-07-06T13:19:42","date_gmt":"2026-07-06T13:19:42","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/bitcoin-etfs-post-first-negative-half-with-5-4-billion-in-outflows-dwf-labs-says\/"},"modified":"2026-07-06T13:19:42","modified_gmt":"2026-07-06T13:19:42","slug":"bitcoin-etfs-post-first-negative-half-with-5-4-billion-in-outflows-dwf-labs-says","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/bitcoin-etfs-post-first-negative-half-with-5-4-billion-in-outflows-dwf-labs-says\/","title":{"rendered":"Bitcoin ETFs Post First Negative Half With $5.4 Billion in Outflows, DWF Labs Says"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"@container mb-[25px] rounded-sm overflow-clip py-0.5 pr-0.5 pl-2.5 bg-success-100\">\n<div class=\"flex flex-col gap-m overflow-clip rounded-[6px] !bg-success-10 p-3 @[420px]:p-m\">\n<h2 class=\"m-0 flex items-center gap-s text-[19px] !text-[#1c1c1c] md:text-[20px]\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"10\" viewbox=\"0 0 16 10\" fill=\"none\" class=\"shrink-0 text-success-100\" aria-hidden=\"true\"><path d=\"M1 1.5h14\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><path d=\"M1 8.5h10\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><\/svg><span>Key Takeaways<\/span><\/h2>\n<ul class=\"m-0 flex list-none flex-col gap-m pl-0\">\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Spot bitcoin ETFs lost $5.4B in H1 2026, their first negative half-year since launch.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">DWF Labs said AI drew capital away as Blackrock\u2019s IBIT posted $5B in outflows.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Ether ETFs lost $1.47B, while DWF Labs expects crypto infrastructure to keep growing.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<h2>DWF Labs Says AI Boom Coincides With Bitcoin ETFs\u2019 First $5.4 Billion Half-Year Loss<\/h2>\n<p>Spot <span>bitcoin<\/span> exchange-traded funds (ETFs) have recorded their first losing half-year, breaking a streak of steady accumulation that had defined the category since launch.<\/p>\n<p>According to <a href=\"https:\/\/x.com\/DWFLabs\/status\/2072682532232192130\" target=\"_blank\" rel=\"noopener noreferrer\">analysis<\/a> by DWF Labs, <span>bitcoin ETFs<\/span> ended the first half of 2026 with $5.4 billion in net outflows. The reversal came after two years of largely uninterrupted demand, during which cumulative net flows had reached $56.6 billion at the start of the year.<\/p>\n<p>The first quarter opened weak. January erased $1.6 billion in flows, and by Feb. 23 cumulative net inflows had fallen to $53.8 billion. That represented a $2.8 billion drawdown in less than eight weeks.<\/p>\n<p>April briefly restored confidence. Cumulative flows recovered to $59.8 billion by May 6, helped almost entirely by Blackrock\u2019s IBIT, which DWF Labs said accounted for 99.6% of the category\u2019s April inflow. But the recovery faded quickly.<\/p>\n<p>From May 15 to June 3, <span>bitcoin ETFs<\/span> suffered 13 straight trading sessions of outflows, the longest such streak since spot products launched. The run pulled $4.4 billion from the category and erased April\u2019s gains.<\/p>\n<figure id=\"attachment_829019\" aria-describedby=\"caption-attachment-829019\" style=\"width:2560px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/07\/bitcoin-etfs-post-first-negative-half-with-5-4-billion-in-outflows-dwf-labs-says-1-scaled.jpeg?X-Amz-Content-Sha256=UNSIGNED-PAYLOAD&amp;X-Amz-Algorithm=AWS4-HMAC-SHA256&amp;X-Amz-Credential=AKIARQKIT2TMGZBKV2L6%2F20260706%2Fus-east-1%2Fs3%2Faws4_request&amp;X-Amz-Date=20260706T100228Z&amp;X-Amz-SignedHeaders=host&amp;X-Amz-Expires=600&amp;X-Amz-Signature=bee81b5f6bafeee49938421b79e1f89405a9bfd62124671166e42b8473c8c162\"><\/a><figcaption id=\"caption-attachment-829019\" class=\"wp-caption-text\">Source: DWF Labs<\/figcaption><\/figure>\n<h2>IBIT Moves From Magnet to Source of Redemptions<\/h2>\n<p>Blackrock\u2019s IBIT remains the dominant <span>bitcoin ETF<\/span> by historical flows. Since launch, the fund has attracted $60.3 billion in net inflows, or 3.3 times the total of every other fund, excluding Grayscale\u2019s GBTC, combined.<\/p>\n<p>DWF Labs said IBIT became the default institutional vehicle for <span>bitcoin<\/span> exposure, despite not having the lowest fee, because of Blackrock\u2019s distribution reach across allocators and investment platforms.<\/p>\n<p>For much of the ETF era, IBIT and other lower-cost funds absorbed outflows from GBTC, which has lost $27.1 billion because of its 1.5% fee and years of trapped holders exiting after conversion.<\/p>\n<p>That pattern broke in 2026.<\/p>\n<p>IBIT recovered in March and April, then saw heavy redemptions in May and June. DWF Labs said the fund posted $5 billion in net outflows across those two months alone, more than all previous IBIT outflow months combined.<\/p>\n<h2>Ether ETFs Follow the Same Path<\/h2>\n<p>The weakness was not limited to <span>bitcoin<\/span>. Spot ether ETFs also ended H1 2026 in negative territory for the first time since launch, with $1.47 billion in net outflows across 123 trading days. The period included 73 negative days and 49 positive days.<\/p>\n<p>Cumulative ether ETF inflows stood at $10.9 billion on June 30, down 28% from their October 2025 peak of $15.1 billion. That October peak also marked the month <span>bitcoin ETFs<\/span> began their own 18.4% drawdown.<\/p>\n<p>DWF Labs noted that staked ether ETFs have gained traction since U.S. regulatory guidance in 2025 cleared the way for protocol <span>staking<\/span> in certain products. Grayscale activated <span>staking<\/span> on ETHE and its mini trust, 21Shares began <span>staking<\/span> distributions on TETH, and Blackrock launched ETHB in March.<\/p>\n<p>Still, inflows into yield-bearing products were not enough to offset broader selling.<\/p>\n<figure id=\"attachment_829020\" aria-describedby=\"caption-attachment-829020\" style=\"width:2560px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/07\/bitcoin-etfs-post-first-negative-half-with-5-4-billion-in-outflows-dwf-labs-says-2-scaled.jpeg?X-Amz-Content-Sha256=UNSIGNED-PAYLOAD&amp;X-Amz-Algorithm=AWS4-HMAC-SHA256&amp;X-Amz-Credential=AKIARQKIT2TMGZBKV2L6%2F20260706%2Fus-east-1%2Fs3%2Faws4_request&amp;X-Amz-Date=20260706T100255Z&amp;X-Amz-SignedHeaders=host&amp;X-Amz-Expires=600&amp;X-Amz-Signature=a43fb7220f679c5cc1902f982aacdc5c4f9b4678d86679cb7185d9486fa37d73\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-829020\" src=\"https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/07\/bitcoin-etfs-post-first-negative-half-with-5-4-billion-in-outflows-dwf-labs-says-2-scaled.jpeg\" alt=\"Bitcoin ETFs Post First Negative Half With $5.4 Billion in Outflows, DWF Labs Says\" width=\"2560\" height=\"1600\" srcset=\"https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/07\/bitcoin-etfs-post-first-negative-half-with-5-4-billion-in-outflows-dwf-labs-says-2-300x187.jpeg 300w, https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/07\/bitcoin-etfs-post-first-negative-half-with-5-4-billion-in-outflows-dwf-labs-says-2-1024x640.jpeg 1024w, https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/07\/bitcoin-etfs-post-first-negative-half-with-5-4-billion-in-outflows-dwf-labs-says-2-768x480.jpeg 768w, https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/07\/bitcoin-etfs-post-first-negative-half-with-5-4-billion-in-outflows-dwf-labs-says-2-1536x960.jpeg 1536w, https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/07\/bitcoin-etfs-post-first-negative-half-with-5-4-billion-in-outflows-dwf-labs-says-2-2048x1280.jpeg 2048w, https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/07\/bitcoin-etfs-post-first-negative-half-with-5-4-billion-in-outflows-dwf-labs-says-2-scaled.jpeg 2560w\" sizes=\"auto, (max-width: 2560px) 100vw, 2560px\"\/><\/a><figcaption id=\"caption-attachment-829020\" class=\"wp-caption-text\">Source: DWF Labs<\/figcaption><\/figure>\n<p>DWF Labs said institutional and retail enthusiasm has cooled as AI captures a larger share of capital and attention. Even so, the firm noted that about $80 billion remains in <span>bitcoin ETFs<\/span>, much of it from investors who previously lacked easy access to <a href=\"https:\/\/www.binance.com\/en\/price\/bitcoin\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">BTC<\/a> exposure.<\/p>\n<p>DWF commented that, \u201cThe flows reflect broader sentiment toward <a href=\"http:\/\/www.bitcoin.com\/get-started\/a-quick-introduction-to-crypto\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">crypto<\/a> as an asset class. The fundamentals for <a href=\"http:\/\/www.bitcoin.com\/get-started\/a-quick-introduction-to-crypto\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">crypto<\/a> have never been stronger.\u201d<\/p>\n<p>The message is cautious, not fatalistic. ETF flows have turned, but the infrastructure around <a href=\"http:\/\/www.bitcoin.com\/get-started\/a-quick-introduction-to-crypto\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">crypto<\/a> is deeper than in prior cycles.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/bitcoin-etfs-post-first-negative-half-with-5-4-billion-in-outflows-dwf-labs-says\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways Spot bitcoin ETFs lost $5.4B in H1 2026, their first negative half-year since launch. DWF Labs said AI drew capital away as Blackrock\u2019s IBIT posted $5B in outflows. Ether ETFs lost $1.47B, while DWF Labs expects crypto infrastructure to keep growing. DWF Labs Says AI Boom [&hellip;]<\/p>\n","protected":false},"author":3947362377,"featured_media":75023,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/75022"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/3947362377"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=75022"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/75022\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/75023"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=75022"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=75022"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=75022"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}