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ETFs & Institutions

Bitcoin ETFs Shed $82 Million Led by BlackRock Withdrawals

U.S. spot Bitcoin exchange-traded funds recorded $82 million in net outflows on Friday, with BlackRock leading the withdrawals.

Bitcoin ETFs Shed $82 Million Led by BlackRock Withdrawals
Image: BullishMarketCap

U.S. spot Bitcoin exchange-traded funds recorded $82 million in net outflows on Friday, according to data from TradingView. The negative flow was primarily driven by withdrawals from BlackRock's fund, marking a notable shift in institutional capital movement for the session.

ETF Outflows Detail

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The single-day withdrawal brings a temporary pause to inflows across the spot Bitcoin ETF sector. Market participants closely monitor these daily flow metrics to gauge institutional sentiment and custodial positioning.

Key Facts

  • Spot Bitcoin ETFs lost $82 million on Friday
  • BlackRock led the day's withdrawals
  • Data was reported by TradingView
$BTCCrypto ETFsBlackRock#Bitcoin#BlackRock#ETFs

Source: news.google.com

This article is for information only and is not investment advice. BullishMarketCap news is produced with AI assistance from public sources and reviewed by our editors; see our editorial policy. Spotted an error? Tell us.

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