US Spot Bitcoin ETFs Record Roughly $2B in Outflows Over Nine Sessions

Investors pulled money from US spot Bitcoin exchange-traded funds at a faster pace in the latest trading sessions. Net outflows on Wednesday came in at nearly $300 million, up from about $95 million the previous day. Over five consecutive sessions, withdrawals totaled $1.44 billion.

Across a nine-session stretch, total outflows from the products are reported at roughly $2 billion. The figures point to sustained redemptions rather than a single day of selling, with the daily totals rising as the stretch progressed.

Market reaction

Bitcoin ($BTC-0.29%) traded near $73,540 at the time of the market snapshot, down 0.64% over 24 hours. Over the past seven days, $BTC-0.29% has declined 8.66%, a move that coincides with the period of ETF withdrawals. Trading volume over the last 24 hours stood at about $9.52 billion.

The data reflects a single snapshot, so the short-term price moves cannot be attributed to ETF flows alone. Broader market conditions, including trading activity across exchanges and other macro factors, also shape price action during this period.

Context for the outflows

Spot Bitcoin ETFs allow investors to gain exposure to the cryptocurrency through regular brokerage accounts, and their net flows are closely watched as a gauge of institutional and retail demand. Net outflows mean more shares were redeemed than purchased over a given session.

The current run of withdrawals is notable for its size and duration. Whether the trend continues will be reflected in future daily flow reports, which show how quickly investor sentiment is shifting in the product category.