US‑listed spot Bitcoin exchange‑traded funds have recorded their largest 30‑day net outflow since launching in January 2024, as investors pulled $6.35 billion from the products.
ETF Flow Trends
Galaxy Research reports that the outflows span a trailing 30‑trading‑day window, pushing the cumulative net flow to $53.4 billion after six consecutive weeks of withdrawals. The figure sits below the $63 billion peak reached in October 2025, indicating a sustained decline in investor appetite.
Market Conditions
Bitcoin trades around $64,167, reflecting a 17.4 % drop over the past month amid heightened macroeconomic pressure and the ongoing U.S.–Iran conflict. The broader crypto market experiences reduced liquidity as institutional investors reassess exposure to the digital asset class.
BlackRock Perspective
Jay Jacobs, head of equity ETFs for BlackRock US, told Cointelegraph that daily outflows can stem from a variety of actions, such as selling the iShares Bitcoin Premium Income ETF (IBIT) while buying the newly launched iShares Bitcoin Premium Income ETF (BITA). He emphasized that volatility does not alter BlackRock’s belief in Bitcoin as a global, decentralized, non‑sovereign monetary instrument.