Spot Bitcoin ETFs Break Nine-Day Inflow Run as Asset Drops Below $78,000
US spot Bitcoin ETFs recorded $201.8 million in daily net outflows, ending a nine-day positive streak alongside a broader crypto market dip.
US spot Bitcoin exchange-traded funds recorded $201.8 million in net outflows on Friday, halting a nine-day streak of consecutive capital additions. ARK 21Shares led the redemptions as total assets under management across all spot Bitcoin funds dipped below the $100 billion threshold.
The net capital withdrawal coincided with Bitcoin falling below the $78,000 mark amid profit-taking and cautious macro sentiment. The outflow ended a strong period of institutional accumulation that had propelled total ETF holdings to record levels earlier in the month.
Slowing ETF demand often acts as a short-term price drag, though long-term institutional exposure to digital assets remains structurally intact.
Key takeaways
- US spot Bitcoin ETFs registered $201.8 million in net daily outflows.
- The redemptions ended a consecutive nine-day run of institutional inflows.
- Total ETF aggregate assets under management slipped below $100 billion.