Bitcoin ETFs see over $326M in outflows on Tuesday

On April 8, spot BTC ETFs recorded net outflows totalling $326.27 million. The largest outflow came from BlackRock’s IBIT, which saw redemptions exceeding $252 million. For the second time this week, all twelve spot Bitcoin ETFs in the US posted zero net inflows. Institutional sentiment toward Bitcoin appears to be shifting, with capital steadily exiting […] The post Bitcoin ETFs see over $326M in outflows on Tuesday appeared first on CoinJournal.

Apr 9, 2025 - 12:17
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Bitcoin ETFs see over $326M in outflows on Tuesday
  • On April 8, spot BTC ETFs recorded net outflows totalling $326.27 million.
  • The largest outflow came from BlackRock’s IBIT, which saw redemptions exceeding $252 million.
  • For the second time this week, all twelve spot Bitcoin ETFs in the US posted zero net inflows.

Institutional sentiment toward Bitcoin appears to be shifting, with capital steadily exiting US-listed spot Bitcoin ETFs amid heightened macroeconomic uncertainty.

On April 8, spot BTC ETFs recorded net outflows totaling $326.27 million, marking the fourth consecutive day of redemptions.

Tuesday’s figure represents the largest single-day outflow since March 10, according to data from Farside Investors.

The sustained capital withdrawal highlights growing risk aversion among institutional investors, who have historically played a key role in supporting Bitcoin’s price through ETF demand.  

Date Outflow ($ million)
03 Apr 2025 -99.8
04 Apr 2025 -64.9
07 Apr 2025 -103.9
08 Apr 2025 -326.3
BTC ETF outflows in the past four sessions.

The largest outflow came from BlackRock’s iShares Bitcoin Trust (IBIT), which saw redemptions exceeding $252 million.

It was the product’s steepest single-day outflow since February 26.

Bitwise’s BITB recorded the second-largest daily net outflow among US-listed spot Bitcoin ETFs, with $21.27 million exiting the fund.

For the second time this week, all twelve spot Bitcoin ETFs in the US posted zero net inflows, underscoring persistent investor caution amid ongoing market volatility.

Bitcoin in the ditch

The sell-off comes in the wake of US President Donald Trump’s announcement on April 2 of new reciprocal import tariffs, which sparked broad market volatility.

The S&P 500 saw a $5 trillion market cap decline over the subsequent two sessions, reflecting investor unease over escalating trade tensions. Bitcoin, which had previously held above $82,000, dropped below the $75,000 mark on April 6.

While BTC initially showed resilience following the tariff news, the weekend decline has been partly attributed to its 24/7 trading availability. 

Some industry observers noted that Bitcoin’s round-the-clock liquidity made it a readily accessible option for investors looking to reduce exposure during off-market hours.

The recent trend in ETF outflows suggests institutional players are moving to reduce risk in response to the uncertain economic outlook.

Bitcoin ETFs previously fueled much of the digital asset’s upside momentum.

However, persistent redemptions could weigh on broader market sentiment if macroeconomic pressures continue.

 

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