🚨 MAJOR MARKET JOLT: U.S. Spot Bitcoin ETFs See $358M Pulled in a Single Day – 10-Day Inflow Streak Ends Abruptly! 😱
Wall Street just tapped the brakes on its Bitcoin enthusiasm. After 10 straight days of consistent inflows, U.S. spot Bitcoin ETFs experienced a staggering $358.6 million in net outflows on Thursday — the biggest single-day withdrawal since March 11.
📉 What Happened:
Fidelity’s FBTC: Led the exodus with $166.32M in outflows
Grayscale’s GBTC: Lost $107.53M
ARK/21Shares (ARKB): Saw $89.22M head for the exits
Bitwise’s BITB: Faced a $70.85M pullback
Others impacted: VanEck, Valkyrie, Invesco, and Franklin Templeton also reported redemptions
✅ One ETF Stands Strong:
BlackRock’s IBIT was the lone bright spot, bucking the trend with $125M in net inflows — the only fund to attract capital.
🔍 Zooming Out:
Before Thursday’s setback, spot Bitcoin ETFs had accumulated $4.26 billion in inflows over the prior 10 sessions
Total net inflows reached $45.34 billion by Wednesday
After the Thursday dip, that total edged down to $44.99 billion
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