Nine-session ETF inflow streak snaps — BTC and ETH face fresh institutional headwind

After nine consecutive sessions of net inflows totalling over $2.1 billion, Bitcoin ETFs logged $263 million in net outflows on the first negative session since April 14. Ethereum ETFs followed, shedding $50 million after a 10-day streak that had pulled in more than $633 million. Friday's $14 million BTC ETF trickle was the first visible crack before the full reversal hit.

ETH's loss of $2,300 support removes one of the cleaner near-term bullish narratives the asset had been leaning on. Without consistent institutional bid flow, the price structure carries most of the weight: bulls need ETH to hold $2,200 and see flows reverse within two to three sessions to keep the $2,500–$2,600 target in play. A sustained close below $2,200 on volume shifts the probability distribution toward the $2,100–$2,150 demand zone.

The simultaneous institutional headwind across both majors is the key read…