Bitcoin ETFs see $545M outflows as BTC slides

Bitcoin exchange-traded funds recorded $545 million in daily outflows as Bitcoin drifted toward the $70,000 level, extending pressure across digital asset markets.

Data from SoSoValue shows spot Bitcoin ETFs pushed weekly flows negative at $255 million, leaving year-to-date net flows down $1.8 billion despite $3.5 billion in gross inflows.

“That’s not too shabby considering these funds took in around $63 billion at their peak,”

Said Bloomberg ETF analyst, James Seyffart, noting cumulative net inflows remain only 13% below October highs.

Bloomberg senior ETF analyst Eric Balchunas said roughly 94% of Bitcoin ETF assets have stayed invested, estimating that only about 6% exited despite the market downturn.

He added that BlackRock’s iShares Bitcoin ETF saw assets fall back to $60 billion after briefly touching $100 billion, yet remains the fastest ETF to reach that level.

The ETF weakness mirrors broader crypto declines, with total market capitalisation down about 20% year to date, according to CoinGecko.

Elsewhere, Ether ETFs posted $79.5 million in outflows, XRP funds saw $4.8 million in inflows and Solana ETFs recorded $6.7 million in redemptions, highlighting uneven investor appetite across digital assets.

At the time of reporting, Bitcoin price was $64,645.51.