U.S. spot Bitcoin ETFs recorded $430.2 million in net outflows on Thursday, led by withdrawals from BlackRock’s IBIT and Fidelity’s FBTC. BlackRock’s fund had logged five straight trading sessions of withdrawals totaling roughly $1.04 billion. No fund in Farside’s table recorded a positive net flow that day, though several showed no net movement.
The withdrawals coincided with a 5.5% fall in the Nasdaq Composite. Daily ETF net flows measure shares created minus shares redeemed at the fund level, not every trade between investors. They do not show whether holders were raising cash for losses elsewhere, reducing Bitcoin exposure or rebalancing.
