Bitcoin ETFs bleed $2.8B in record nine-day outflow streak
US-listed spot Bitcoin ETFs posted a record nine straight days of net outflows, losing $223 million on Thursday and about $2.84 billion over the streak. That breaks the previous eight-day outflow run from February 2025, though the cumulative withdrawals are still below the earlier $3.2 billion selloff. The weakness points to fading institutional demand for Bitcoin exposure through ETFs. BlackRock’s IBIT drove most of the losses, with about $2.04 billion in outflows during the nine sessions, including a $527.8 million single-day withdrawal. Even so, IBIT remains the dominant US spot Bitcoin ETF, holding about 792,000 BTC, or roughly 62% of total ETF Bitcoin holdings. At the same time, newer crypto funds are still attracting money. Spot HYPE ETFs have taken in over $100 million since launch, and spot XRP ETFs added about $120 million. Spot Ether ETFs have also been under pressure, with 13 straight days of outflows totaling about $694 million.
