Bitcoin and Ethereum ETFs Bleed $2.7B in Two Weeks as Institutions Rotate into SOL, XRP, and HYPE!

Institutional investors pulled nearly $2.7 billion from spot Bitcoin and Ethereum ETFs over the past two weeks, with Bitcoin funds alone shedding $2.26 billion — the heaviest 14-day drain since late January — pushing the category's total AUM below $100 billion. Ethereum's nine spot ETFs added $471 million in outflows across the same period, extending a losing streak to 10 consecutive sessions. BRN's head of research Timothy Misir flagged that the seven-day average net flow recently hit -$88 million per day, the sharpest daily outflow pace since mid-February.

The macro trigger is a forced repricing of rate-cut expectations. The spring rally that drew $2.9 billion in ETF inflows through March and April was built on a 2026 Fed easing thesis that has since collapsed under sticky inflation data.