Bitcoin ETFs See $170 Millions in Net Outflows, Snapping Two-Day Inflow Streak
U.S. spot Bitcoin exchange-traded funds (ETFs) saw $169.9 million in net outflows on Wednesday, ending a two-day run of positive inflows, according to data from SoSoValue.
- Fidelity’s FBTC, which recorded $113.8 million in net redemptions
- ARK & 21Shares’ ARKB, with outflows totaling $113.3 million
These two ETFs were the only ones to post losses on the day, but their impact was significant enough to pull the overall market into negative territory.
However, the outflows were partially offset by inflows into six other ETFs:
- BlackRock’s IBIT, the largest spot Bitcoin ETF by net assets, led the pack with $30.6 million in inflows
- Bitwise’s BITB saw $12.8 million come in
- Grayscale’s Bitcoin Mini Trust, VanEck’s HODL, Valkyrie’s BRRR, and Invesco’s BTCO also posted modest positive flows
Wednesday’s outflow followed a stretch of renewed investor confidence, during which the 12 approved spot Bitcoin ETFs collectively posted two straight days of inflows.
While volatility in ETF flows is common, especially in a still-maturing market, the outsized moves in FBTC and ARKB may indicate shifting investor preferences or broader market jitters surrounding crypto assets.
Kosta has reported on cryptocurrency markets and blockchain infrastructure since 2020, bringing over six years of hands-on experience in the crypto industry built through daily tracking of markets, trends, and emerging blockchain developments. Specializing in Bitcoin on-chain analysis, institutional ETF flows, and digital asset price action, his work at Coindoo has been cited by other news agencies and consistently covers market developments with a focus on data-driven reporting across Bitcoin, Ethereum, Solana, and XRP. Over the years, Kosta has contributed to multiple crypto media outlets in different regions, authoring over 6,000 articles across the sector. His reporting spans cryptocurrency markets and the broader fintech industry, tracking not only price action but also the technological and regulatory forces shaping the ecosystem. To support his analysis, Kosta actively leverages on-chain data and metrics from leading platforms such as Santiment, Glassnode, and CryptoQuant, enabling deeper, evidence-based market insights. He believes in the power of transparency and the data that underpins the blockchain ecosystem. His academic background in Marketing Management from Denmark further complements his analytical approach, adding a strong understanding of communication strategy and content positioning to his work.
