U.S. Bitcoin ETFs faced another difficult week as steady capital outflows added strain to an already uneasy market. Investor caution increased as withdrawals accelerated, pushing Bitcoin further below the $100,000 mark and signaling a broader loss of confidence in digital assets.
In brief
- •US Bitcoin ETFs recorded a tough week with $492M in Friday outflows and more than $1.1B pulled from funds over seven days.
- •BlackRock’s IBIT led exits with $463M out, while only Grayscale’s BTC product posted small inflows amid broad market caution.
- •Bitcoin traded near $95.5K after slipping below $100K, with nearly 10% weekly losses and rising fear across major crypto assets.
- •Traders cited profit-taking, thin liquidity, and macro uncertainty as key forces weighing on sentiment and driving reduced exposure.
Bitcoin ETFs Extend Losing Streak With Third Straight Day of Heavy Outflows
U.S.-based Bitcoin ETFs recorded more than $492 million in net outflows on Friday, marking a third consecutive day of declines. Outflows have persisted for weeks, and traders continue to scale back their exposure while volatility remains high.
BlackRock’s IBIT led Friday’s withdrawals with $463.10 million in outflows, extending a series of sharp pullbacks. Grayscale’s GBTC followed with $25.09 million in outflows, while Fidelity’s FBTC saw $2.06 million leave the fund.
Only Grayscale’s BTC product attracted new capital, bringing in $4.17 million. Meanwhile, WisdomTree’s BTCW posted a smaller loss of $6.03 million. Most other ETFs—including ARKB, BRRR, EZBC, and DEFI—reported no inflow or outflow activity.
Cumulative net inflows remain positive at $58.85 billion, while total net assets stand at $125.34 billion, roughly 6.67% of Bitcoin’s market cap. Still, Thursday’s $869.86 million withdrawal set the tone for a weak finish. By the end of the week, U.S. ETF outflows reached more than $1.11 billion, marking one of the heaviest weekly departures in recent months.
BTC Decline Continues With Traders Watching for Further Losses
Pressure in ETF flows mirrors Bitcoin’s recent price movement. BTC fell below the key $100,000 level earlier in the week and is now trading near $95,500. Minor intraday recoveries have not eased concerns, as broader sentiment remains firmly risk-off. Market data indicate that Bitcoin has declined by nearly 10% over the past week, with fear spreading across major assets.
Several factors continue to weigh on crypto markets:
- •Profit-taking after earlier highs reduces buying interest.
- •Thin liquidity amplifies price swings during sell-offs.
- •Macro uncertainty keeps traders defensive.
- •Fed rate cut odds near 50% leave markets without a clear direction.
- •Delayed economic data adds hesitation to risk-taking.
Some investors see the retracement as a healthy pause following the strong momentum earlier in the year. Market behavior remains orderly, indicating controlled selling rather than widespread capitulation.
Bitcoin ETFs have become a key indicator of institutional sentiment, and a shift back toward inflows could help stabilize market conditions. For now, traders are watching to see whether Bitcoin can hold above current levels or whether further declines will shape the coming weeks.