Bitcoin ETFs See $96 Outflow Amid Market Pullback
On Tuesday, U.S.-listed Bitcoin spot ETFs experienced a combined net outflow of $96.14 million, marking their largest daily loss since April 16.
None of the twelve active BTC ETFs recorded net inflows, highlighting a temporary institutional retreat. The pause came as Bitcoin failed to hold momentum above the $105,000 resistance, despite recent optimism surrounding U.S.-China trade talks.
The spotlight, however, was on Fidelity’s FBTC, which saw a substantial $91.39 million outflow, marking the largest single-day capital movement among the major Bitcoin ETFs.
In addition to FBTC, Hashdex’s DEFI ETF also experienced a modest withdrawal of $4.75 million, making it the second fund to record a net outflow on the day.
Meanwhile, other prominent ETFs such as BlackRock’s IBIT, Grayscale’s GBTC, Ark & 21Shares’ ARKB, and VanEck’s HODL all posted $0 in net inflows, signaling a pause in fresh institutional buying.
Despite the lack of inflows, nearly all ETFs traded at slight premiums:
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VanEck’s HODL led with a +0.30% premium
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Bitwise’s BITB followed at +0.29%
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Ark & 21Shares’ ARKB and Valkyrie’s BRRR each held at +0.26%
Hashdex’s DEFI stood out again, being the only ETF trading at a discount (–0.07%), potentially reflecting investor caution following the outflow.
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