The Spot Bitcoin [BTC] ETF faced a difficult week, recording outflows of more than $1.54 billion. According to Farside Investors, the last time outflows of this magnitude occurred was in early February.
Spot Bitcoin ETF weekly recap
BlackRock’s IBIT saw the largest outflows of $461.2 million during the week, followed by Ark Invest’s ARKB, which saw outflows of $324.2 million.
Additionally, Bitwise’s BITB, Fidelity’s FBTC, and Grayscale’s GBTC also recorded outflows worth $64.5 million, $262.5 million, and $92.8 million, respectively.
During the week, Morgan Stanley’s MSBT, which started trading recently on the 8th of April, saw inflows totaling $39.1 million and two days of zero flows. The remaining BTC ETFs mostly recorded zero flows in the past week.
Bitcoin’s market positioning
To comprehend the market’s potential, the Bitcoin Exchange Netflow chart highlighted inflow spikes in the previous week near local highs.
This showed profit‑taking was dominant, with investors reducing risk and institutional demand temporarily easing. Overall, the signals suggest the bull market remains intact despite weaker short‑term sentiment.
Supporting this view, the Bitcoin Funding Rate showed most long traders paying shorts. In simple terms, the reduced negative Funding Rate signaled only a temporary correction.
Other ETFs and their performance
In contrast, the Ethereum [ETH] ETF saw outflows of $255.2 million during the week. However, the Solana [SOL] ETF had a week of inflows totaling $58.5 million, with only one day of zero flows. In fact, the last week was the best week for the SOL ETF since December 2025, as previously reported by AMBCrypto.
Similar patterns were also seen by the Spot XRP ETF, which saw inflows of $60.5 million over the past week, with only one day of zero flows.
Final Summary
- BlackRock, Fidelity, and a few other asset managers led the last week in outflow, pushing the cumulative Spot Bitcoin ETF outflow over $1 billion.
- The exchange netflow and positive funding rate indicated that this was a short-term correction and not a long-term trend.