Bitcoin ETFs Experience Outflows Across the Board

Data from Farside Investors shows that U.S. spot Bitcoin ETFs recorded a total net outflow of $1.324 billion this week. This marks the first time since their launch that all trading days showed no inflows.

Fund Movement Across Major ETFs

The net outflows for major Bitcoin ETF products were as follows:

  • IBIT: $537.5 million outflow
  • FBTC: $451.5 million outflow
  • BITB: $66.3 million outflow
  • ARKB: $76.2 million outflow
  • EZBC: $10.4 million outflow
  • BRRR: $3.8 million outflow
  • HODL: $63 million outflow
  • GBTC: $172.1 million outflow

This trend has raised concerns among analysts about investor sentiment and potential price movements in the near term.