Bitcoin ETF outflows accelerate as investors pull $449M in three days
The spot Bitcoin (BTC) ETFs logged $282.6 million in net outflows on Thursday, marking the largest net outflow since the $424.7 million outflow recorded on July 13, to SoSoValue data.
Total net assets across the funds stood at $97.5 billion. The ARK 21Shares Bitcoin ETF (ARKB) accounted for the largest share of Thursday’s outflows, at $164 million, followed by Grayscale’s Bitcoin Trust ETF (GBTC) with $36 million and Fidelity’s FBTC with $33.6 million.
The three-day selling streak brought net outflows so far this week to $449 million, while cumulative net inflows stood at $55.17 billion.
Meanwhile, spot Ether (ETH) ETFs registered $29.8 million in net outflows on Thursday, erasing most of the $34.8 million in net inflows from Wednesday.
Spot Solana (SOL) ETFs also logged $483,000 in net outflows on Thursday, following $11.7 million in inflows the day before, to SoSoValue.
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