Spot Bitcoin ETFs See $1.54B Withdrawn Over the Week

Spot Bitcoin ETFs had a rough week, posting net outflows of more than $1.54 billion. Farside Investors noted that flows of this scale were last seen in early February. Among the issuers, BlackRock's IBIT led weekly outflows at $461.2 million. Ark Invest's ARKB followed with $324.2 million. Bitwise's BITB, Fidelity's FBTC, and Grayscale's GBTC also logged net redemptions of $64.5 million, $262.5 million, and $92.8 million, respectively. Morgan Stanley's MSBT, which began trading on April 8, was an exception, attracting $39.1 million in inflows and recording two days of flat flows. Most other Bitcoin ETFs were largely unchanged over the week. On positioning, CryptoQuant's Bitcoin Exchange Netflow data showed noticeable inflow spikes near recent local highs, pointing to profit-taking. The pattern suggests investors trimmed exposure as institutional demand cooled temporarily. Even so, broader indicators still align with a bull-market backdrop despite softer near-term sentiment. CryptoQuant's Bitcoin Funding Rate also indicated long traders were largely paying shorts. Put simply, the less negative funding rate was consistent with a pullback rather than a regime shift. Outside Bitcoin, the Ethereum ETF segment recorded $255.2 million in weekly outflows. Solana ETFs moved the other way, bringing in $58.5 million and posting only one zero-flow day. AMBCrypto previously reported it was the strongest week for Solana ETFs since December 2025. Spot XRP ETFs showed a similar profile, with $60.5 million of inflows and just one day of flat flows. Final take: BlackRock, Fidelity, and several peers drove the latest round of redemptions, pushing weekly spot Bitcoin ETF outflows above $1 billion. Exchange netflow and funding-rate signals point to a short-term correction rather than a lasting trend.