The relentless influx into US spots suddenly stopped Bitcoin ETF amid a new, new bearish momentum and political headwinds. On July 1, 2025, the 12 US list spot Bitcoin ETFs recorded a net leak of $342.25 million. This marks the end of a robust 15ßdaz run that has been poured into US spot Bitcoin ETFs since mid-June.
Fidelity’s FBTC saw its biggest withdrawal with a $172.73 million outflow, while Grayscale’s GBTC received a $119.51 million redemption.
ARKB of ARK21Shares recorded a $27 million outflow. Bitwise’s BITB has registered a $22.98 million redemption.
Bitcoin ETF Flow
GBTC $119.5M Outflow
The largest GBTC leak since January 7th, 2025 https://t.co/04s8jmgspf pic.twitter.com/3bc9kbnknb
– Farside Investor (@farsideuk) July 1, 2025
This was a rather late quarter for Bitcoin. But, in contrast, ETH-focused funds collectively withdraw $40.68 million in net inflows.
Discovered: 20+ Next Cryptocurrency Exploding in 2025
The impact of Trump’s “big beautiful bill”
BTC -0.75% is hovering at nearly $107,000 and is not on the verge of knockout.
However, the sharp reversal of Bitcoin ETF flow coincided with the passage of the so-called “big beautiful bill” by the US Senate. This is a $3.3 trillion spending package passed with a thin margin of 51-50 on a razor. Unsurprisingly, Vice President JD Vance voted for a tiebreak. However, the bill specifically excluded provisions relating to Bitcoin, crypto mining or staking.
The omission has disappointed many people in the crypto industry.
Exploration: Big Beautiful Bills of Trump Bitcoin Waiver: Best Meme Coins to Buy?
Crypto ETFS Guidance: What SEC currently needs from its publishers
The US Securities and Exchange Commission has arrived I was given Crypto ETF publisher something They are Has been I’m looking for it: Transparency. July 1st, 2025, Seconds The Corporation Finance department has removed a detailed guide outlining what applicants should include in their filing if they wish to receive shots to obtain approval for cryptocurrency ETFs. Crypto ETF guidance arises when interest in Ethereum-based products continues to increase.
the It’s not an accurate, light read the A serious step for companies hoping to launch funds related to digital assets such as Ethereum and Token Basket. Rather than continuing to guess the issuer, the SEC has detained from assessment, Who is it? Check maths behind the scenes.
Exploration: Crypto ETF Guidance: What the SEC currently needs of its publisher
Key takeout
The sharp reversal of Bitcoin ETF flow coincided with the US Senate passing of the so-called “Big Beautiful Bill.”
The SEC has released detailed Crypto ETF submission guidance and requires full disclosure of evaluation, custody and surveillance systems.
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