U.S. spot Bitcoin ETFs recorded nine consecutive trading days of net outflows — the longest streak since the funds launched in January 2024 — with investors pulling roughly $2.8 billion over the period. Bitcoin has fallen from roughly $80,000 to $73,000 during the streak.
U.S. spot Bitcoin ETFs recorded nine consecutive trading days of net outflows — the longest streak since the funds launched in January 2024 — with investors pulling roughly $2.8 billion over the period. Bitcoin has fallen from roughly $80,000 to $73,000 during the streak.
U.S. spot Bitcoin ETFs have now recorded nine consecutive trading days of net outflows, marking the longest withdrawal streak since the products listed in January 2024. Over the nine-session run, investors pulled roughly $2.8 billion from the funds, surpassing any previous period of sustained selling pressure.
The ETFs shed approximately $1.3 billion this week alone, extending a run of three consecutive weeks of net outflows, according to SoSoValue data. Monthly withdrawals now stand at roughly $2.3 billion.
The outflows coincide with bitcoin falling from roughly $80,000 to $73,000 over the period. The broader backdrop extends beyond bitcoin's own price action — since the start of the year, bitcoin has lagged many of the market's best-performing assets, particularly AI-related equities and semiconductor stocks.
BlackRock's iShares Bitcoin Trust (IBIT) recorded its largest single-day outflow since launch earlier this week, driven largely by a $1.29 billion dark pool transaction. While the precise motivation behind the trade is unknown, the scale suggests some investors are reallocating capital toward sectors generating stronger returns.
However, historical patterns suggest reason for measured optimism. Glassnode data shows that the 14-day moving average of ETF flows tends to trough near significant turning points. Similar patterns emerged during the February correction (bitcoin briefly fell toward $60,000) and in November around the post-ATH pullback near $85,000.