According to data from Farside, an American exchange-traded funds (ETFs) flow tracker, U.S.-approved bitcoin ETFs have experienced a massive inflow from June 9 to June 30, 2025. During the 15 days, the investment funds recorded a substantial $4.7 billion inflow. However, the green business days have come to a halt as the new month started with an alarming $342.2 million outflow.
Notably, the outflow occurred following a sharp drop in the price of BTC, from $107,150 to $105,100 on Tuesday.
Q3 Starts Bearish for Bitcoin ETFs
A remarkable fact about the July 1 ETFs’ inflow is that only four of the investment funds experienced market movement, and all of them were bearish. Fidelity’s FBTC led the bad day with $172.2 million outflows. Grayscale shed $119.5 on Tuesday, its worst business day since January 7. Bitwise’s BITB and Ark 21Shares’ ARKB sold $50 million collectively.
Meanwhile, BlackRock’s IBIT, which has always been on the bullish end, surprised the day with dormancy alongside six other approved Bitcoin ETFs.
On the other hand, BlackRock’s Ether ETF, ETHA, had a good day, contributing to a green business day for the nine U.S.-approved spot Ether ETFs. ETHA and Grayscale’s ETHE took in $64.8 million, while Fidelity’s FETH shed $24.1 million. Consequently, Q3 2024 began with $40.7 million in inflows for the Ether ETFs.
SEC to Fasten Token ETF Listings
Notably, U.S.-approved spot bitcoin ETFs have made history since their launch in January 2024 as one of the world’s most successful ETF debuts. Thus, asset managers and issuers seek to introduce more crypto-backed ETFs to the U.S. financial market. However, due to the rigorous application and approval process, this hasn’t been accomplished with other altcoins except Ethereum.
To this effect, the U.S. Securities and Exchange Commission (SEC) plans to simplify the approval process for token ETFs. According to former Fox Business journalist Eleanor Terrett, the agency will introduce requirements that assets must meet before being considered for listing as an ETF. If these funds meet the criteria, intending issuers can skip the 19b-4 filing and submit an S-1 application directly. Thereafter, they could get approval within 75 days.
Meanwhile, institutional investors recorded more BTC purchases than ETFs did in Q2 2025.
