Last week proved difficult for Bitcoin ETFs as data showed an outflow of around 700 $BTC as reported by sources including Ali_Charts. Tightening market sentiment was displayed by the $64.88 million daily net outflow movement at a time when market prices underwent extensive correction.
Outflows Signal Investor Caution
The Bitcoin ETFs received $36.07 billion in investment during their operation since January 2024 which matches the total incoming capital according to April 4 data. The 700 Bitcoin withdrawals in the last week represent a changing attitude among investors who may have been affected by Bitcoin’s $88,614 market price which fell 18.5% from its peak at $108,786.
The Bitcoin exchange market processed $4.43 billion value trades on April 4 and Bitcoin ETFs maintained $94.45 billion assets with an ownership stake representing 5.65% of Bitcoin’s market value.
Major ETFs See Declines
The BlackRock ETF experienced a 0.17% outflow alongside Fidelity dropping by 0.09% while the total value traded amounted to $4.43 billion on April 4. ARBK entered the market nine months ago and dropped 0.16% outflows yet Grayscale maintained a stable value at 0.04%.
Major Bitcoin ETF managers experienced equivalent percentage declines where Bitwise’s ARKB, VanEck, and Valkyrie lost 0.18% each and ARKB decreased by 0.16%.
Market Context and Outlook
Bitwise’s funds faced outflows at the same time as market instability which included Bybit exchange hacking for $1.4 billion and Bitcoin price stability between $94,000 and $98,000 in February.
Investors show caution because the Fear & Greed Index reads 40 while the market cap stands at $3.01 trillion as they handle both market volatility and the impact of Trump’s 25% tariff on international vehicles.
