Bitcoin ETFs See $120M Withdrawal After Record-Breaking Inflow Period
Bitcoin exchange-traded funds (ETFs) in the US saw significant withdrawals on Wednesday, totaling $120.2 million. This comes after a three-week period of record inflows into these funds, which brought in a total of $3.8 billion.
The ARK 21Shares Bitcoin ETF (ARKB) led the way with $78 million in net outflows, followed by Grayscale's Bitcoin Trust ETF (GBTC) with $27.2 million and BlackRock's iShares Bitcoin Trust ETF (IBIT) with $19.5 million.
However, not all funds saw redemptions - Morgan Stanley's Bitcoin Trust (MSBT) added $4.5 million in inflows on Wednesday.
The two-day pullback erased about 4.4% of the $3.8 billion attracted during the funds' strongest three-week stretch of 2026, leaving them with a cumulative net outflow of around $1.07 billion this year.