Bitcoin ETF outflows reach record 9-day streak as investors pull $2.8 billion
U.S. spot bitcoin ETFs have recorded nine consecutive trading days of net outflows, the longest streak since their launch in January 2024, with approximately $2.8 billion withdrawn over the period. This week alone, the funds shed about $1.3 billion, extending three consecutive weeks of net outflows, bringing monthly withdrawals to roughly $2.3 billion. The outflows coincide with bitcoin's decline from $80,000 to $73,000, amid underperformance relative to AI and semiconductor stocks. Notably, BlackRock's iShares Bitcoin Trust (IBIT) saw its largest single-day outflow since launch, driven by a sizable dark pool transaction, suggesting potential capital reallocation. Historically, sustained ETF outflows have often preceded market bottoms, as seen during corrections in early February and November 2025.
Key facts
- Nine consecutive days of net outflows, longest since Jan 2024 launch.
- Total $2.8 billion pulled over the streak; $1.3 billion this week.
- Bitcoin fell from $80,000 to $73,000 during the period.
- BlackRock IBIT saw largest single-day outflow via dark pool trade.
- Historical patterns suggest outflows may precede market bottoms.