Bitcoin ETF Sees Massive Outflow, Second-Largest in History
On Friday, U.S. Bitcoin ETFs saw their second-largest single-day outflow ever, with a staggering $812 million pulled from the market. Fidelity and ARK were hit the hardest, while even BlackRock—typically known for its stability—was not immune, recording minor withdrawals.
Despite the sharp outflow, trading activity remained strong, with daily volume topping $6.1 billion. This suggests that investors aren’t stepping away entirely but are instead reshuffling their positions amid market volatility.
The large-scale withdrawals come as Bitcoin slipped to a key support level around $114,000. For many institutional investors, such price drops trigger a cautious retreat to avoid short-term risk.
Other factors likely played a role as well—end-of-quarter portfolio rebalancing, economic uncertainty, and tax planning strategies all tend to influence fund movements at this time of year.
Still, the broader picture remains stable. The total market size for Bitcoin ETFs stands at around $146.4 billion, showing that overall institutional interest hasn't faded.
Interestingly, this wave of redemptions could actually set the stage for a rebound. If the market regains its footing, there’s a good chance that inflows will pick up again just as quickly.