U.S. Spot Bitcoin ETFs Post $228M Outflow as BTC Falls Below $71,000, Ending Three-Day $1.1B Inflow Streak

U.S. spot Bitcoin ETFs recorded a net outflow of $228 million on Thursday as Bitcoin dropped below $71,000, ending a three-day streak of roughly $1.1 billion in aggregate inflows, ChainCatcher reports. iShares Bitcoin Trust led redemptions at about $89 million, followed by Fidelity Wise Origin Bitcoin Fund at around $48 million and Bitwise Bitcoin ETF at roughly $46 million, while cumulative net inflows for the week through Friday stood near $917 million and total AUM remained above $90 billion. Analysts cited by ChainCatcher said Bitcoin's bounce back above $73,000 resembles a "relief rally" rather than a confirmed new bull phase, and some institutions previously cautioned the price might drop below $60,000 in the current correction. On the same day, Ethereum-focused ETFs registered about $91 million in net outflows, while XRP and Solana products saw smaller redemptions of $6 million and $5 million respectively, marking the first outflow for the Solana ETF since early February even though the spot product has drawn roughly $1.5 billion in inflows since its July 2025 launch.