Bitcoin ETFs Snap Nine-Day Inflow Streak With $202 Million in Outflows

Why Did Bitcoin ETF Inflows Suddenly Reverse?

U.S.-listed spot Bitcoin ETFs recorded $201.8 million in net outflows on Friday, snapping a nine-session inflow streak as Bitcoin slipped below $78,000 and investors took money out of several of the market’s largest funds.

The reversal followed more than $3 billion of net inflows during the previous nine trading sessions. Despite Friday’s withdrawals, August remained strongly positive, with Bitcoin ETFs holding approximately $3.3 billion in monthly net inflows and one U.S. trading session still remaining before the end of the month.

Total assets across the funds fell to $97.6 billion after moving above $100 billion on Thursday. Part of that decline reflects Bitcoin’s lower market price rather than redemptions alone, showing how ETF assets can contract quickly when weaker flows coincide with falling crypto prices.

The ARK 21Shares Bitcoin ETF led Friday’s withdrawals with $114.9 million in net outflows. Bitwise’s Bitcoin ETF lost another $49.7 million, while BlackRock’s iShares Bitcoin Trust, the largest U.S. spot Bitcoin ETF by assets, recorded $33.4 million in withdrawals.

Morgan Stanley’s Bitcoin Trust was the exception, bringing in $9.3 million and becoming the only fund in the group to post a net inflow for the session.