Bitcoin ETFs See $358 Million in Outflows, Ending 10-Day Inflow Streak
U.S. spot Bitcoin ETFs posted $358.6 million in net outflows on Thursday, halting a 10-day run of continuous inflows that had added $4.26 billion to the sector, according to data from Farside.
BlackRock’s iShares Bitcoin Trust (IBIT) was the lone bright spot, drawing in $125 million in fresh capital despite broader investor retreat. In contrast, Fidelity’s FBTC led the outflows, losing $166.32 million. Grayscale’s GBTC followed with $107.53 million in net redemptions.
Ark Invest and 21Shares’ ARKB fund also faced significant pressure, recording $89.22 million in outflows, while Bitwise’s BITB saw $70.85 million withdrawn.
ETFs managed by VanEck, Valkyrie, Invesco, and Franklin Templeton similarly reported capital exits.
The Thursday downturn snapped a strong performance stretch that had been fueled largely by BlackRock’s IBIT, which helped bring in billions during a sustained inflow cycle. The shift suggests a short-term pause in institutional accumulation amid broader market caution.
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