U.S. Bitcoin Spot ETFs See Capital Outflows for 5 Consecutive Trading Days

Doohyun Hwang

Summary

It is reported that U.S. Bitcoin (BTC) spot ETFs have seen capital outflows for five consecutive days.
Large-scale withdrawals occurred especially in key ETF products from BlackRock, ARK Invest, and Fidelity.
While there were minor net inflows into certain products from Franklin Templeton and Grayscale, most major products experienced no significant net inflows or outflows.

Capital outflows from U.S. Bitcoin (BTC) spot ETFs have continued for the fifth straight day. In particular, large-scale withdrawals have occurred from the products of BlackRock, ARK Invest, and Fidelity.

According to data from TraderT on the 21st (local time), the total net outflow across all Bitcoin spot ETFs traded in the U.S. on that day reached $195.9 million. Outflows from BlackRock's 'IBIT' alone amounted to $129.07 million, with ARK Invest's 'ARKB' seeing $43.28 million withdrawn. Fidelity's 'FBTC' also recorded a net outflow of $31.77 million.

On the other hand, Franklin Templeton's 'EZBC' and Grayscale's 'BTC' saw net inflows of $3.25 million and $4.97 million, respectively. For other major products such as Bitwise 'BITB', Invesco 'BTCO', Valkyrie 'BRRR', VanEck 'HODL', WisdomTree 'BTCW', and Grayscale 'GBTC', there were no significant net inflows or outflows.

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