Key Takeaways Spot bitcoin ETFs lost $5.4B in H1 2026, their first negative half-year since launch. DWF Labs said AI drew capital away as Blackrock’s IBIT posted $5B in outflows. Ether ETFs lost $1.47B, while DWF Labs expects crypto infrastructure to keep growing. DWF Labs Says AI Boom Coincides With Bitcoin ETFs’ First $5.4 Billion Half-Year Loss Spot bitcoin exchange-traded funds (ETFs) have recorded their first losing half-year, breaking a streak of steady accumulation that had defined the category since launch. According to analysis by DWF Labs, bitcoin ETFs ended the first half of 2026 with $5.4 billion in net …