U.S. Bitcoin ETFs record six-day net outflows; 2026 net inflows narrow to $536 million

Huoxing Finance reports that, according to official data, U.S. spot Bitcoin ETFs have recorded net outflows for six consecutive trading days, with a total cumulative outflow of $1.55 billion. On last Friday alone, net outflows reached $105.2 million, with BlackRock’s IBIT seeing $689 million withdrawn and Fidelity’s FBTC experiencing $363 million in outflows. As a result, the cumulative net inflow for Bitcoin ETFs since the beginning of 2026 has shrunk to $536 million, nearing the threshold of annual net outflows. In the market context, institutional market maker Jane Street reduced its Bitcoin ETF holdings by approximately 70% in the first quarter, while Goldman Sachs also cut its position by 10%. However, there have been isolated bright spots: IBIT has still recorded net inflows of $2.7 billion year-to-date, though this falls far short of the $25 billion recorded for the entire year of 2025; the Morgan Stanley Bitcoin Trust ETF (MSBT), launched on April 8, has attracted $264 million in net inflows, surpassing products from Invesco and WisdomTree. Other developments include net outflows for U.S. spot Ethereum ETFs year-to-date. Several crypto ETFs backed by Trump’s Truth Social and led by asset manager Yorkville America have withdrawn their applications this Tuesday. Bitcoin ETF fund flows are regarded as a key indicator of institutional demand and new capital entering the crypto market; as of this writing, Bitcoin is trading at approximately $77,376.