Finst

Record $6.35 Billion Outflow From U.S. Bitcoin ETFs Appears to Be Slowing

Outflows from U.S. Bitcoin ETFs have hit a record, but the selling pace is clearly easing. That could point to less pressure on the market.

By Mike Hesp
• 2 min read
Record $6.35 Billion Outflow From U.S. Bitcoin ETFs Appears to Be Slowing

Key Takeaways

  • U.S. spot Bitcoin ETFs posted a record $6.35 billion outflow over 30 days, the biggest since launch in January 2024.
  • The outflows line up with a roughly 17% drop in Bitcoin over the past month, along with higher rates, lower expectations for rate cuts, and risk aversion.
  • Weekly outflows are slowing sharply, which could mean the worst of the selling pressure is behind us.

U.S. spot Bitcoin ETFs have seen the largest net outflow ever recorded over a 30-day period, with a total of $6.35 billion (€5.5 billion) in withdrawals. This outflow, driven mostly by institutional investors cutting their Bitcoin exposure, marks a six-week stretch of back-to-back outflows. Still, there has recently been a clear slowdown in the pace of those outflows, which could suggest the most intense phase of selling is over.

Background on the Bitcoin ETF Outflows

The $6.35 billion (€5.5 billion) outflow is the largest amount recorded since spot Bitcoin ETFs launched in January 2024. These funds give investors a regulated and easy way to get exposure to Bitcoin, which was a major step for the crypto market. Even with the recent outflows, BlackRock’s iShares Bitcoin Trust (IBIT) has still brought in strong inflows of $62.1 billion (€54.2 billion) since launch, while Grayscale’s Bitcoin Trust (GBTC), with its higher fees, has lost $27 billion (€23.5 billion). Together, these funds still show net inflows of $53.4 billion (€46.6 billion), highlighting the ongoing interest in Bitcoin among institutional investors.

What’s Driving the Outflows and Market Moves

The outflows line up with a roughly 17% drop in the Bitcoin price over the past month, with the coin trading around $64,260 (€56,000), more than 49% below the record $126,080 (€110,000) set in October 2025. Several factors have added to the selling pressure: rising U.S. Treasury yields, fading expectations for rate cuts, and a broader risk-off mood among investors because of geopolitical tensions. On top of that, GBTC’s higher fee structure has also played a role in the outflows, as investors move to cheaper options like IBIT.

The recent drop in weekly outflows, down 87% from early June, points to easing selling pressure. That suggests long-term holders have absorbed much of the supply released by ETF managers. While outflows are still negative, a shift back to inflows would confirm that the bottom has been reached.

Why This Matters for European Investors

For European investors, keeping an eye on these moves in U.S. Bitcoin ETFs can be useful because they offer a read on sentiment and institutional interest that affects the crypto market worldwide. The slowdown in outflows may suggest the market is stabilizing, which matters for investors watching volatility and institutional trends. It also shows why fee differences between Bitcoin investment products matter, since picking efficient, cost-effective options can make a big difference in the crypto market. In that broader ETF landscape, demand for new products is still growing too, like Franklin Templeton’s plans for dividend ETFs, which show that providers are still looking for ways to package Bitcoin inside traditional investment structures.

Disclaimer: This content is for informational purposes only and does not constitute financial, investment, legal, or tax advice. The information provided may be incomplete, inaccurate, or outdated and should not be relied upon as such. Nothing on this website should be considered a recommendation to buy, sell, or hold any cryptocurrency. Investing in crypto-assets involves risk of loss.