- US spot Bitcoin ETFs reversed course with $228 million in net outflows on Thursday, breaking a three-day inflow streak.
- The losses were led by BlackRock‘s IBIT, Fidelity‘s FBTC, and Bitwise’s BITB funds as BTC retreated below $71,000.
- Despite heavy outflows, total assets under management for Bitcoin ETFs remained above $90 billion.
- Solana ETF cumulative flows reached $1.5 billion, holding strong even though SOL’s price has dropped 57% since the funds launched.
A three-day inflow streak for US spot Bitcoin exchange-traded funds (ETFs) halted abruptly on Thursday as a price decline triggered significant investor withdrawals. Data from SoSoValue confirmed net outflows of $228 million, reversing the recent positive momentum.
ETF issuers experienced widespread redemptions as Bitcoin’s price fell below $71,000. Based on Farside data, the largest outflows came from BlackRock‘s iShares Bitcoin Trust at $89 million.
Consequently, total year-to-date net outflows rose to around $900 million despite weekly inflows still holding positive. The slip coincides with analysis suggesting this was a temporary relief rally within a longer bear market, according to CryptoQuant.
Negative sentiment extended to altcoin ETFs, though with differing results. Ether funds posted $91 million in outflows, while XRP and Solana saw minor withdrawals.
Meanwhile, Solana’s US ETFs demonstrated surprising resilience. In a post on X, Bloomberg ETF analyst Eric Balchunas noted the funds have accumulated $1.5 billion in cumulative inflows despite SOL’s 57% price drop since their July launch.
He added that many institutions increased their Solana exposure in late 2025. That steady institutional interest is a positive sign for the asset’s future.
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