Key Insights:

• Crypto ETFs saw broad outflows across major funds.
• Bitcoin ETF selling led the risk-off session.
• Ethereum ETF demand lost its short inflow streak.

Crypto ETFs recorded broad redemptions on July 9, as U.S. spot products lost investor demand. Bitcoin funds led the pullback, while Ethereum products ended their recent inflow run.

The outflows showed weaker risk appetite across listed digital asset products. The move also followed a poor quarter for crypto assets, based on Bitwise market data.

Crypto ETFs Face Broad Outflows

Wu Blockchain reported that U.S. spot Bitcoin ETFs recorded $95.30 million in net outflows. Spot Ethereum ETFs saw $52.08 million leave the market, ending a five-day inflow streak.’

Crypto…