Bitcoin ETFs Suffer Massive Outflow as Investors Reverse Course

The recent surge in Bitcoin ETF inflows was short-lived as investors suddenly reversed course and sold off their holdings, leading to a significant outflow of nearly $400 million.

This week's selling spree began on Monday with a $144.67 million outflow from Bitcoin ETFs, marking an end to the five-day inflow streak that carried over from the previous week.

Fidelity's FBTC suffered the largest withdrawal at $153.2 million, while Grayscale's GBTC lost $88.3 million and Blackrock's IBIT recorded $78.9 million in net outflows.

The weekly loss reached $389.7 million, with other notable Bitcoin ETFs experiencing significant outflows including ARK 21Shares' ARKB ($70.3 million), Bitwise's BITB ($31.6 million), and Franklin Templeton's EZBC ($23.9 million).