Bitcoin ETFs post $147 million outflow in 2 days as BTC slides below $80,000
Covered by 2 sources · 2 articles
US spot Bitcoin ETFs experienced two consecutive days of outflows totaling $147 million as Bitcoin's price declined below $80,000. Grayscale's GBTC fund was among the products seeing significant redemptions during this period. However, the outflow picture was mixed: BlackRock and Bitwise's Bitcoin ETF products continued to attract inflows even as the broader market sold off, suggesting investor flows remained selective rather than uniformly negative across the sector.
- Grayscale's GBTC saw substantial withdrawals amid the price decline, though other major providers like BlackRock and Bitwise continued drawing new capital.
- Two-day cumulative outflows of $147 million marked a continuation of selling pressure from the previous trading session.
- ETF inflows and outflows diverged across providers, indicating differentiated investor demand rather than a sector-wide exodus.
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Bitcoin ETFs post $147 million outflow in 2 days as BTC slides below $80,000
🚨 US spot Bitcoin ETFs recorded $147 million in outflows over two days. 📉 Major funds like Grayscale's GBTC saw large withdrawals as $BTC dropped below $80,000. 💼 BlackRock's and Bitwise's products attracted new inflows despite the sell-…
Bitcoin ETFs Bleed $147 Million in Two-Day Outflow Streak
U.S. spot Bitcoin ETFs have posted a second consecutive day of outflows.