Bitcoin ETF outflows reach $449M over three days
Bitcoin ETF outflows hit $282.6M as ARK, GBTC and FBTC led withdrawals See what the three-day slump means for crypto fund demand and investor flows
US spot Bitcoin exchangetraded funds saw $282.6 million in net outflows on Thursday, extending a threeday selling streak that totaled $449 million this week, according to SoSoValue data.
ARK 21Shares led the withdrawals with $164 million, followed by Grayscale’s GBTC and Fidelity’s FBTC. The pullback came after the funds had recently posted a strong threeweek run of inflows, adding context to the shift in investor demand.
Other crypto funds also weakened on the day. Spot Ether ETFs recorded $29.8 million in outflows, while spot Solana ETFs posted a small net outflow of $483,000. Despite the recent withdrawals, Bitcoin ETF products still showed cumulative net inflows of $55.17 billion.