<div id="readability-page-1"><div>The average investor in BlackRock's iShares Bitcoin Trust (IBIT) is now sitting on a loss of about 40%, according to Bespoke Investment Group, a sign of how hard this year's selloff has hit the mainstream buyers who came to bitcoin through the largest U.S. spot crypto ETF by assets under management.IBIT drew cash quickly after its January 2024 launch, and the average investor was up about 30% as recently as mid-2025, per Bespoke data cited by Bloomberg. Bitcoin's decline since then has pushed that into a loss of roughly 40%. Nate Geraci, president of NovaDius Wealth Management, called the loss &#34;a brutal intro to btc for mainstream investors.&#34;IBIT has taken in $60.77 billion since launch but now holds $44.42 billion in net assets, according to SoSoValue data. The roughly $16 billion difference, a product of bitcoin's price drop, has widened from about $13.4 billion that The Block noted in mid-June.Second-largest weekly outflow since launchU.S. spot bitcoin ETFs posted about $1.79 billion in net outflows in the week ending Friday, June 26, according to SoSoValue. Only the $2.61 billion exodus of late February 2025 was larger, making it the heaviest weekly outflow since the funds began trading in January 2024.That tops the $1.72 billion the funds lost in the first week of June, which The Block reported at the time as their worst week since February 2025.Friday's $444.51 million net outflow came exclusively from IBIT, with no other ETFs seeing significant flows, and extended the daily outflow streak to seven sessions. Thursday was the heaviest day of the run, at $696.29 million in outflows.The week was also the funds' seventh consecutive negative week, a stretch that began in mid-May. That is the longest run of weekly outflows since the products launched, according to The Block's analysis of SoSoValue data, beating two five-week streaks in early 2025 and early 2026.The selling has coincided with a more hawkish Federal Reserve. The central bank held rates at its June 18 meeting and cut the easing language from its statement, and traders have since priced in better-than-even odds of a rate increase in December, The Block previously reported.Bitcoin (BTC) traded near $60,750 on Saturday, down more than half from its October 2025 record of $126,272, according to The Block's Bitcoin Price page.Spot ether ETFs extend seven-week slideSpot ether ETFs lost $273.34 million in the week ending June 26, per SoSoValue data, their seventh straight weekly outflow. The run is one week short of the eight-week streak the category posted in early 2025.Friday's $12.85 million outflow came entirely from BlackRock's ETHA, which, like its bitcoin counterpart, is the largest ether ETF by net assets. The funds hold $8.38 billion in net assets in total, or 4.42% of ether's market value, against $10.90 billion in cumulative inflows.Ether (ETH) traded near $1,600 on Saturday, according to The Block's Ethereum Price page.Newer funds buck the trend, but stay smallSome newer crypto ETFs went the other way, though they remain a fraction of the size of the bitcoin and ether products. The Hyperliquid, Solana, and XRP funds hold about $2 billion in net assets between them, against $72.82 billion for the bitcoin funds and $8.38 billion for the ether funds, according to SoSoValue.Hyperliquid funds stood out within that group. The three products took in $108.09 million on Thursday, June 25, by far their largest day since launching May 12, then added $1.82 million on Friday to reach $293.92 million in cumulative inflows, according to SoSoValue. Even that standout day was smaller than the $444.51 million that left IBIT alone on Friday.XRP funds drew $15.63 million on Friday, their biggest daily inflow in weeks, lifting cumulative inflows to $1.47 billion, according to SoSoValue. Solana ETFs were roughly flat, with a $3.94 million outflow in their most recent reported session on June 25, per SoSoValue.Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in other companies in the crypto space. Crypto exchange Bitget is an anchor LP for Foresight Ventures. The Block continues to operate independently to deliver objective, impactful, and timely information about the crypto industry. Here are our current financial disclosures.© 2026 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.</div></div>

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Average IBIT investors face ~40% losses as spot Bitcoin ETFs record their second-worst weekly outflows ($1.79B) since launch, driven by a prolonged selloff and hawkish Fed sentiment. Bitcoin trades near $60,750, down over 50% from its October peak. Spot Ether ETFs also see seven consecutive weeks of outflows. Conversely, newer funds for Hyperliquid, Solana, and XRP attract inflows, though they remain significantly smaller than established Bitcoin and Ether products.

The Block

Grayscale Bitcoin Trust BTC - ETF

Grayscale Ethereum Staking ETF

21Shares Ethereum ETF

Fidelity Ethereum Fund

IShares Ethereum Trust ETF

Solana ETF

21Shares Solana ETF

Bitwise Ethereum ETF

iShares Bitcoin Trust ETF

Grayscale Hyperliquid Staking ETF

21Shares Hyperliquid ETF

Franklin XRP ETF

Bitwise XRP ETF

Fidelity Solana Fund

ARK 21Shares Bitcoin ETF

Bitwise Solana Staking ETF

Grayscale Solana Staking ETF

Bitwise Bitcoin ETF

REX-Osprey XRP ETF

Grayscale XRP Trust ETF

Fidelity Wise Origin Bitcoin Fund - ETF

ProShares Bitcoin Strategy ETF

CoinShares Bitcoin ETF

Invesco Galaxy Bitcoin ETF

WisdomTree Bitcoin Fund

VanEck Bitcoin ETF

Franklin Bitcoin ETF

ETC Holdings Ltd. (Guernsey)

BOS HSK BTC

CAM BTC

MBC BTC

Average IBIT investor now down about 40% as spot bitcoin ETFs cap second-worst week on record