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Bitcoin ETFs Bleed $202M as BTC Slumps Below $78K

Guavy AI Editorial Team
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BTC
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US spot Bitcoin ETFs experienced significant outflows last Friday, losing $201.81 million in net capital. This sudden reversal of fortune marked the end of a nine-day winning streak that had attracted roughly $3.044 billion in fresh investment.

The total assets under management across the 12 listed funds dropped below the psychologically important $100 billion threshold, settling at approximately $96.5 billion.

Bitcoin's price also played a role in the outflows, dipping below $78,000 after briefly reaching $81,000 earlier in the rally fueled by US Treasury buyback operations.

The largest loser of the day was ARK 21Shares' ARKB ETF, which saw $114.89 million in net outflows, accounting for more than half of the total redemptions concentrated in a single product.

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