U.S. spot Bitcoin ETFs experienced significant capital outflows in April, marking a stark reversal from previous months of inflows. The sector saw a total of $563.77 million in outflows on May 1, highlighted by substantial withdrawals from major funds including Grayscale, Fidelity, and BlackRock. Grayscale's Bitcoin Trust (GBTC) alone reported outflows of $167 million on that day. This trend of outflows continued into early May, with a record single-day outflow of $563 million reported, underscoring a cautious investor sentiment amid volatile market conditions. Notably, this period also saw the largest discount on record for some funds, with the iShares Bitcoin Trust closing about 1.7% below its net asset value. April's net outflows totaled 13,441 BTC, with US Futures-based ETFs and US spot ETFs seeing outflows of 9,952 BTC and 6,648 BTC respectively. At the close of April, US Bitcoin ETFs held $51 billion in total AUM, representing 49.6% of the $102.8 billion held by US Gold ETFs.
Spot bitcoin ETFs see reduced daily outflows, totaling $34 million https://t.co/zkz7qt0G9n
UPDATE: #BITCOIN SPOT ETFS SAW $34.36M IN NET OUTFLOWS ON MAY 2
Spot #Bitcoin ETFs continued their streak of net outflows, but at a much slower pace with -$34.4M for Thursday. https://t.co/f4BWVC4xXm
Yesterday's ETF flows by @FarsideUK The ETF flows were slightly negative and when it's slightly negative you know that it's always just $GBTC that has outflows. $54.9 million. Ark took in 13.3 million and the rest stayed at 0 or close to 0. Price recovered from $56.5k back to… https://t.co/qlp10Hc3qL
NEW‼️ - On Thursday, #Bitcoin ETFs experienced NET OUTFLOWS totaling $34.4 million. Ark: $13.3 million Invesco: $1.5 million Franklin: $3.4 million Valkyrie: $2.3 million Grayscale: -$54.9 million https://t.co/5MsexH1bo8
Bitcoin ETF Flow (US$ million) - 2024-05-02 TOTAL NET FLOW: -34.4 (Provisional data) IBIT: 0 FBTC: 0 BITB: 0 ARKB: 13.3 BTCO: 1.5 EZBC: 3.4 BRRR: 2.3 HODL: 0 BTCW: 0 GBTC: -54.9 DEFI: 0 For all the data & disclaimers visit: https://t.co/4ISlrCgZdk
SIGNIFICANT OUTFLOWS FROM U.S. BITCOIN ETFs IN APRIL U.S. Bitcoin ETFs saw a dramatic $343.5M in net outflows in April, ending a three-month streak of inflows, as investor enthusiasm waned amidst volatile market conditions. Source: The Block https://t.co/64Hk8tCb3H
Bitcoin ETF outflows just cut the bleeding—$34m, the lowest by far this week. While it’s not positive, it suggests sell-offs might have slowed. The previous day was $563m. https://t.co/2zS2JG629e
🚨 #Bitcoin ETF Update, 2 May 🔻Net outflows of 580 BTC ($34m) 🔻GBTC sells 930 BTC 🥇Ark buys 225 BTC 😐IBIT, FBTC, BITB flat on the day https://t.co/WYaCuNsGRB
🚨 #Bitcoin ETF update 🔻 GBTC sells 930 BTC 🥇Ark buys 225 BTC 😐 IBIT, BITB, FBTC were flat on the day. https://t.co/9mb1axDsCh
*Spot BTC Aggregate Flows: -559.5m *BlackRock $IBIT Daily BTC Flows: 0.0m *Grayscale $GBTC Daily BTC Flows: -55.0m *BlackRock $IBIT Daily BTC Flows: -36.9m
GBTC Outflow $55m
Bitcoin ETFs Shed $563 Million as BlackRock's IBIT Marks First Daily Loss ► https://t.co/giOMh6DGeJ https://t.co/giOMh6DGeJ
May 2 Update: 9 ETFs decreased 8,107 $BTC(-$478.22M). #Blackrock decreased 638 $BTC(-$37.62M), marking his first reduction in $BTC. #Fidelity decreased 3,323 $BTC(-$196M). #Grayscale decreased 1,588 $BTC(-$93.66M). https://t.co/ZM5tO2mMhA https://t.co/JJLVuViC66
Bitcoin ETFs Suffer Worst Day Ever https://t.co/IYUZ8BPrxP
INSIGHTS: Fidelity Bitcoin ETF’s $191 million outflow surpasses Grayscale as BlackRock records first redemptions via @jvs_btc https://t.co/sT9Y8sxsd4
On May 1, the U.S. spot Bitcoin ETF sector recorded a record capital outflow of $563.77 million https://t.co/wDaJe1Z6sK
In an unprecedented turn, 10 US spot bitcoin ETFs saw net outflows Wednesday (yes, even BlackRock and Fidelity) https://t.co/K33eIUENFN
In case you weren't looking, BTC ETFs saw a $564m outflow yesterday, and GBTC wasn't the only culprit; Blackrock, Fido and Ark all had outflows too. Kind of impressed we are seeing a bounce today despite these numbers. https://t.co/TjIQx3T7ky
Record Withdrawal from US #Bitcoin ETFs Marks Largest Single-Day Outflow https://t.co/GYKji30kWu
#ETF Update: Red day for bitcoin ETFs, FBTC leads outflow 📉🥶 All #bitcoin ETFs bar one, saw outflows 👀 Check out the full report here 👇👇👇 https://t.co/wFh5o1etWv https://t.co/WGWl4Dl7Ba
#Bitcoin’s recent correction triggers over $500 million in daily outflows from ETFs, reflecting cautious investor sentiment amid concerns of market excess. https://t.co/xr6QFq7MWb
We were all cheering the ETF inflows, but now the outflows are getting pretty large. Yesterday saw the biggest daily outflow ever 👇 https://t.co/e51BbTqLXe
We saw the first significant outflows yesterday from US ETFs, including Grayscale that is US$804m outflows this week so far.. https://t.co/cQmNy3OVwf
Worst U.S. spot ETF flows since launch yesterday by a huge margin! Net U.S. spot outflows: 9,782 BTC https://t.co/1B9mLZAvMJ
US spot-Bitcoin exchange-traded funds suffered their largest daily outflow as the digital token heads for its worst week since August 2023 https://t.co/WTLZQA2HeJ
U.S. spot $BTC ETFs saw $563M in outflows as @federalreserve's Jerome Powell ruled out a rate hike as the next policy move. Reports @godbole17. https://t.co/7Yyck1DRGN
📊 Bitcoin ETF Tracker | 2024-05-01 🟥 Daily Total Net Inflow -$563.77M 💰 Total Value Traded $3.08B 🏦 Total Net Assets $47.08B 📊 ETF Market Value Ratio 4.17% 🥇 Net Inflows/Outflows for Each ETF ⬜️ DEFI $0 🟥 BTCO -$5.40M 🟥 BTCW -$6.15M 🟥 HODL -$6.55M 🟥 BRRR -$9.68M 🟥… https://t.co/Y0V9C5lKtC
Yesterday's ETF flows were extremely negative. We had $563.7 million of outflows. $GBTC had $167.4 million, Fidelity $191.1 million, Ark $98.1 million Blackrock had its first negative day with $36.9 million. After the price went down from $61k to $56k this isn't a surprise… https://t.co/cwBR8epxvF
Bitcoin ETF Flow (US$ million) - 2024-05-01 TOTAL NET FLOW: -563.7 (Provisional data) IBIT: -36.9 FBTC: -191.1 BITB: -29 ARKB: -98.1 BTCO: -5.4 EZBC: -13.4 BRRR: -9.7 HODL: -6.5 BTCW: -6.2 GBTC: -167.4 DEFI: 0 For all the data & disclaimers visit: https://t.co/4ISlrCgZdk
🚨 #Bitcoin ETFs Update (May 1) Fidelity Sells 3,300 BTC GBTC Sells 2,900 BTC ARK Sells 1,700 BTC Blackrock Sells 600 BTC Total Net Flows from all ETFs -9,750 #Bitcoin ($564M) https://t.co/sRl6Jfz4JC
US #Bitcoin ETFs Continue to See Persistent Outflows https://t.co/IQOeKYTH43
NEW: GBTC outflows reaccelerate today coming in at -$167 million https://t.co/xemCYV7u6M
That's a relatively big outflow for $GBTC We have -$167.4 Million on BBG though https://t.co/CXUHXYUYhG
$GBTC outflows seem relentless, another $167m today $IBIT is getting pretty close now in terms of total assets. We do not have $IBIT flow for today yet, but based on yesterday’s figure its just $30m behind GBTC in assets https://t.co/0ZvrUYVxKR https://t.co/qvFGrAebel
Bitcoin ETF Flow - 01 May 2024 GBTC Outflow $167m
OOPS! #Bitcoin ETFs flash signs of stress as discounts reach records. The $16bn iShares Bitcoin Trust on Tuesday closed about 1.7% below its net asset value — the largest dislocation since it began trading in January. The $9bn Fidelity Wise Origin Bitcoin Fund saw a 1.1% discount… https://t.co/KuZSjJDdL0
US Spot #Bitcoin ETFs Report 5 Straight Days of Outflows, Totaling $635 Million https://t.co/IQOeKYTH43
May 1 Update: #Grayscale decreased 404 $BTC(-$23.2M) and currently holds 296,714 $BTC($17B). 9 ETFs(Including #Grayscale) decreased 1,950 $BTC(-$111.93M). #Blackrock has not added $BTC for 5 consecutive days. https://t.co/UZZeBE5TTa https://t.co/idDNmsBT98
Spot bitcoin ETFs saw $344 million net withdrawals in April as flow reversal continued https://t.co/ikUAciriaz
April is 2024's first month of net outflows from BTC investment vehicles, as BTC under management saw a monthly decline of 13,441 BTC. US Futures-based ETFs saw the largest net monthly outflows, equivalent to 9,952 BTC, while US spot ETFs saw net monthly outflows of 6,648 BTC. https://t.co/tNB46jXrLG
At the close on 30 April, US Bitcoin ETFs held $51bn in total AUM compared to US Gold ETFs at $102.8bn. US Bitcoin ETFs now stands at 49.6% of US Gold ETFs size, down 6.2% WoW. 📉 Five consecutive days of zero $IBIT inflow, while $GBTC outflow continues. #Bitcoin #GOLD #ETFs https://t.co/hRnyCDBFgJ
[Tree] Grayscale (GBTC) Daily BTC Flows: -95.0m