Editor's PiCK
US spot Bitcoin ETFs see $817.70 million in net outflows…fourth-largest since launch
Summary
- US spot Bitcoin ETFs recorded $817.72 million in net outflows, the fourth-largest daily figure since the ETFs’ launch.
- BlackRock’s IBIT, Fidelity’s FBTC and Grayscale’s GBTC were among the major products that saw broad capital outflows.
- With Bitcoin prices in a correction phase, some interpret institutional flows via ETFs as reflecting a risk-off tone.
US spot Bitcoin (BTC) exchange-traded funds (ETFs) saw massive net outflows of more than $800 million in a single day. Broad-based outflows across major issuers are adding to near-term supply-demand headwinds.
According to Trader T data released on the 30th, total net outflows from US spot Bitcoin ETFs the previous day came to $817.72 million. This marks the fourth-largest daily net outflow since the ETFs’ launch.
BlackRock’s IBIT posted the largest outflow, with $317.66 million leaving the fund. Fidelity’s FBTC also recorded $168.05 million in net outflows, while Bitwise’s BITB (-$88.88 million) and ARK Invest’s ARKB (-$71.58 million) likewise joined the withdrawal trend.
Grayscale’s GBTC saw $119.44 million in net outflows, and Grayscale’s Mini Trust also lost $37.21 million. Invesco’s BTCO (-$8.38 million) and VanEck’s HODL (-$6.52 million) posted smaller outflows.
Meanwhile, Franklin’s EZBC, Valkyrie’s BRRR and WisdomTree’s BTCW showed no fund flow changes on the day. Despite a defensive tone in some ETFs, the overall exodus of capital—led by the largest products—stood out in this tally.
Market participants say that as Bitcoin prices remain range-bound and continue in a correction phase, institutional flows via ETFs are also reflecting a risk-off stance.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.![Liquidity strains deepen as trading volume contracts and funds exit…Can altcoins rebound? [Kang Min-seung’s Altcoin Now]](https://media.bloomingbit.io/PROD/news/5fa259b1-0308-4c7b-9259-04f38ad8fc2a.webp?w=250)
