US Spot Bitcoin ETFs Post $1.7 Billion Weekly Outflow, Largest Since 2025

The U.S. Securities and Exchange Commission approved spot Bitcoin ETFs for listing for the first time at the start of this year. The financial innovation was seen as a major milestone in crypto's integration into traditional finance and attracted significant institutional investment. Given the extreme volatility of crypto markets, flows into these ETFs have become a key gauge of global investor confidence and market momentum, particularly after record outflows in June.

The latest data showed that U.S. spot Bitcoin ETFs suffered renewed cooling on Monday, July 13, recording net outflows of $424.66 million — the largest single-day withdrawal of the month. The sharp reversal erased the previous week's brief return of inflows and indicated that confidence in holding the products remained fragile after June's record outflows, with overall demand yet to stage a stable recovery.

U.S. spot bitcoin ETFs have become a major channel for institutional participation in the crypto market since their January 2024 launch. BlackRock’s IBIT ranks among the largest, and its flows are often viewed as a gauge of bitcoin demand and Wall Street risk appetite.

The latest trading data as of July 20, 2026, showed that U.S. spot bitcoin ETFs recorded $231 million in single-day net outflows, while BlackRock’s IBIT saw outflows of about $300 million. Investors were sitting on average unrealized losses of 40%. Analysts also warned that bitcoin could fall to $55,000 in August as capital shifts toward AI infrastructure and chip stocks.

Since their approval and launch in 2024, U.S. spot bitcoin ETFs have become an important channel through which major asset managers such as BlackRock attract institutional capital. They are also viewed as a gauge of market risk appetite. As cryptocurrencies entered a bear market, investors began pulling money from the funds, reflecting reduced bitcoin exposure, though portfolio rebalancing and short-term liquidity management may also have played a role.

By the end of June 2026, U.S. spot bitcoin ETFs had recorded $4.5 billion in monthly net outflows, their worst month since launch. On a rolling 30-day basis, outflows reached as much as $6.35 billion, or about $6.4 billion. BlackRock’s IBIT accounted for about 79% of June’s outflows, while Strategy raised just $1.25 billion over the same period.

U.S. spot Bitcoin ETFs are a key conduit for institutional capital entering and leaving the crypto market, and their fund flows are widely viewed as a gauge of risk appetite. SoSoValue data showed six consecutive weeks of redemptions brought cumulative net outflows to $5.94 billion. Tagus Capital said the slower pace of de-risking suggests demand is stabilizing but remains fragile.

A June 22, 2026, report showed U.S. spot Bitcoin ETFs recorded $228 million in net outflows the previous week, down from $315.84 million a week earlier and marking a second straight weekly slowdown. However, the U.S. two-year Treasury yield rose to 4.21%, its highest since February 2025. FactSet forecasts core PCE to rise 0.37% month on month and 3.4% year on year, while expectations of Federal Reserve rate hikes have emerged as a fresh headwind.

U.S. spot Bitcoin ETFs have served as Wall Street’s main conduit for crypto demand since their January 2024 launch. The sustained withdrawals suggest risk appetite is shifting as AI and semiconductor stocks rally. However, Bloomberg analysts said most existing investors have stayed put and that some of the outflows may reflect the unwinding of arbitrage trades.

The selloff initially set a record with about $2.8 billion in net outflows over nine consecutive trading days, including $1.3 billion in a single week. The streak later extended to 13 trading days, with cumulative outflows reaching $4.4 billion. Bitcoin briefly fell below $70,000, while concerns that Strategy might sell its holdings fueled volatility. Some analysts nevertheless view the persistent outflows as a contrarian indicator that the market may be approaching a local bottom.

The U.S. Securities and Exchange Commission approved spot Bitcoin ETFs on January 10, 2024, allowing investors to gain price exposure through traditional brokerages. Because fund creations and redemptions affect demand in the spot market, flows have become an important gauge of institutional risk appetite and Bitcoin's near-term momentum.

As of Wednesday, June 10, U.S. spot Bitcoin ETFs had recorded combined net outflows of about $1.26 billion over five trading days. The $635 million outflow that day was the largest since late January. Amid concerns about U.S. inflation and caution ahead of the Federal Reserve's June 17 decision, Bitcoin failed to break above its 200-day moving average and retreated to about $79,400.

The US Securities and Exchange Commission approved spot bitcoin ETFs in January 2024, allowing institutions to gain bitcoin exposure through regulated funds. Inflows and redemptions for products including BlackRock's IBIT have therefore become key indicators of Wall Street risk appetite and spot bitcoin demand.

SoSoValue data showed US spot bitcoin ETFs recorded net outflows of $648.6 million on May 18, 2026, the largest daily total since January and enough to end six consecutive weeks of net inflows. IBIT accounted for $448.3 million. The funds posted another $1.72 billion in combined outflows from June 1 to June 5, with IBIT's $1.337 billion outflow marking its largest weekly total since launch.

US spot Bitcoin and Ether ETFs give investors exposure to crypto assets through regulated funds. Their flows are also viewed as key gauges of institutional demand and market sentiment. Simultaneous withdrawals from products run by major asset managers such as BlackRock typically signal weakening risk appetite.

US spot Bitcoin ETFs recorded $290.4 million in net outflows on May 15, with six funds losing capital. BlackRock's IBIT accounted for about 47% of the total, or an estimated nearly $137 million. Spot Ether ETFs posted $65.7 million in net outflows the same day, marking their fifth consecutive trading day of losses.

U.S. spot Bitcoin ETFs allow investors to gain exposure to Bitcoin’s price through traditional brokerage accounts. Fund flows for products such as BlackRock’s IBIT are also viewed as important gauges of institutional demand and market risk appetite. Three consecutive trading days of net inflows had previously helped support Bitcoin’s rebound.

The latest data show that U.S. spot Bitcoin ETFs recorded combined net outflows of $228 million on Thursday, ending a three-day inflow streak. BlackRock’s IBIT posted the largest single-day net outflow at $89 million. With Bitcoin falling below $71,000, analysts said the rally was more likely a short-term rebound and was not yet sufficient to confirm the start of a new bull market.

The U.S. Securities and Exchange Commission approved spot Bitcoin ETFs in January 2024, allowing investors to gain exposure to Bitcoin prices through regulated brokerage accounts. Despite the recent market weakness, the 12 U.S. products have recorded more than $54 billion in cumulative net inflows since launch, indicating that the scale of long-term institutional allocations continues to provide support.

The 12 U.S. spot Bitcoin ETFs posted about $316 million in net outflows in the week ended February 20, 2026, marking a fifth consecutive week of withdrawals and the longest streak since early 2025. CoinShares data for the same period showed that global crypto-asset ETPs shed $288 million during the week. Bitcoin also fell below a key moving average, intensifying near-term pressure on fund flows.