Cointelegraph 3d ago
US Spot Bitcoin ETFs Break Multi-Day Inflow Streak as Price Weakens
U.S. spot Bitcoin ETFs registered over $200 million in net daily outflows, ending a nine-day stretch of consistent positive inflows.
U.S. spot Bitcoin exchange-traded funds recorded $201.8 million in net daily outflows on Friday, terminating a nine-day streak of positive capital accumulation. Outflows were led by institutional redemptions from the ARK 21Shares fund.
The net withdrawal coincided with Bitcoin pulling back below key support near $78,000, bringing aggregate assets held across the spot ETF suite back under the $100 billion benchmark.
Institutional profit-taking and short-term macro hedging continue to drive ETF flow volatility, indicating that market participants are maintaining cautious positioning during consolidation phases.
Key takeaways
- U.S. spot Bitcoin funds saw $201.8 million in net daily outflows.
- The nine-day consecutive positive inflow run came to an end.
- Aggregate spot ETF assets fell below the $100 billion threshold.