• The first half of 2026 ended with net outflows from bitcoin ETFs totaling $5.4 billion — the first time since the category launched, DWF Labs said.
• Ethereum ETFs also closed the first half of 2026 in the red for the first time: -$1.47 billion over 123 trading days.
• Experts believe it is only a matter of time before capital returns to the industry, and the sector’s fundamentals have never been stronger.

DWF Labs analyzed capital flows in spot bitcoin and Ethereum ETFs for the first half of 2026 and said the sector ended a half-year period with net outflows for the first time in history.

According to the experts, since the launch of spot bitcoin ETFs, the category…