The post Shocking $170M Bitcoin ETF Outflows: Are Spot Bitcoin ETFs Losing Steam? appeared on BitcoinEthereumNews.com.

Hold onto your hats, crypto enthusiasts! Just when you thought the wave of institutional Bitcoin adoption via spot Bitcoin ETFs was unstoppable, we’ve encountered a significant speed bump. On April 16th, the U.S. spot Bitcoin ETFs experienced a rather dramatic turn of events, recording a total net outflow of $170.77 million. This sudden shift has sent ripples through the crypto market, prompting investors and analysts alike to reassess the current landscape of crypto ETF investments. Let’s dive into the details of this surprising development and understand what might be behind these ETF net outflows. What Sparked the Sudden Bitcoin ETF Outflows? The data, meticulously tracked by Trader T (@thepfund) on X, paints a clear picture. While some spot Bitcoin ETF providers continued to see inflows, the scales tipped decisively towards outflows, primarily driven by significant movements from two major players: Fidelity and ARK Invest. Here’s a breakdown of how each ETF performed on April 16th: ETF Provider ETF Ticker Net Flow (USD Million) Fidelity FBTC -113.80 ARK Invest ARKB -113.25 BlackRock IBIT +30.99 Bitwise BITB +12.81 Invesco BTCO +6.74 Grayscale GBTC +3.36 VanEck HODL +2.38 Others – No Change As you can see, Fidelity’s FBTC and ARK Invest’s ARKB bore the brunt of the outflows, accounting for over $100 million each. Interestingly, BlackRock’s IBIT, often considered a bellwether for institutional interest, continued to see inflows, albeit at a lower volume than previous days. Bitwise, Invesco, Grayscale’s mini BTC, and VanEck also reported positive, though smaller, inflows. This divergence suggests a nuanced picture, rather than a wholesale exit from Bitcoin ETF investments. Decoding the ETF Net Outflows: What Does It Mean? The $170.77 million net outflow is indeed a notable figure, especially considering the generally positive trend of inflows since the inception of these spot Bitcoin ETFs. But what could be…

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Filed under: News - @ April 17, 2025 8:22 am