Bitcoin Spot ETFs See $85.96M in Net Outflows Amid Mixed Institutional Activity
The Bitcoin spot ETF market witnessed a net outflow of $85.96 million, reflecting a mixed day of institutional sentiment and capital movement. While the overall flow was negative, individual ETF performance showed contrasting dynamics.
Leading the charge, BlackRock’s IBIT posted a significant single-day net inflow of $143 million, pushing its cumulative inflows to an impressive $57.116 billion—solidifying its position as the dominant player in the space. Grayscale’s Bitcoin Mini Trust (BTC) also saw modest growth, attracting $10.49 million in new capital and bringing its historical net inflow total to $1.655 billion.
However, the broader momentum was weighed down by a substantial $227 million single-day outflow from Fidelity’s FBTC. Despite the dip, FBTC's total net inflow still stands at $12.32 billion, underscoring its long-term strength in the market.
As it stands, the total net asset value across all Bitcoin spot ETFs has reached $153.25 billion. These ETFs now represent 6.53% of Bitcoin’s total market capitalization—a testament to the growing institutional footprint in the digital asset ecosystem. Meanwhile, total historical net inflows have accumulated to $54.465 billion, reflecting sustained, albeit uneven, interest in Bitcoin as a regulated investment vehicle.