US Spot Bitcoin ETFs See $649M Single-Day Outflows

Data from SoSoValue show seven U.S. spot bitcoin ETFs recorded $648.6 million in net outflows on Monday. BlackRock's IBIT led withdrawals with $448.3 million, followed by Ark/21Shares' ARKB at $109.6 million. Fidelity's FBTC reported $63.4 million in outflows, while funds from Bitwise, VanEck, Invesco and Franklin Templeton also posted negative flows.

The Monday outflows extended last week's roughly $1 billion of net withdrawals and ended a six-week streak of positive inflows into U.S. spot bitcoin ETFs.

Dominick John, an analyst at Zeus Research, described the selling as “a short-term institutional risk-off move, driven by profit-taking and macro uncertainty.” He said institutions were using ETFs tactically to manage exposure and that future flows would depend on interest-rate direction and market volatility.

John pointed to higher U.S. Treasury yields and tighter global liquidity as factors that made risk-free returns more attractive for some investors, prompting capital to move away from crypto products.

Bitcoin's price slipped below $77,000 over the weekend. Renewed tensions between the U.S. and Iran and a rise in oil prices contributed to concerns about persistent inflation, according to market observers.

John also highlighted expanding market caps for stablecoins such as USDT and USDC, which he said indicate sidelined liquidity that could be available for buying on dips. He noted bitcoin was holding a support zone around $76,000–$77,000.

Andri Fauzan Adziima, research lead at Bitrue Research Institute, described the decline as “healthy digestion in a broader uptrend” while noting near-term volatility remained high. Analysts urged watching public comments from Federal Reserve Chair Kevin Warsh for signals on inflation and interest-rate policy that could influence ETF flows.

Flows into and out of U.S. spot bitcoin ETFs have moved quickly in recent sessions as investors reacted to macroeconomic developments, changes in Treasury yields and shifts in crypto market liquidity.