Bitcoin ETFs Record $6.35B 30-Day Outflow

US-listed spot Bitcoin ETFs recorded $6.35 billion in net outflows over the last 30 trading days, the largest 30-day decline since the products began trading in January 2024, Galaxy Research data show. Cumulative net flows fell to $53.4 billion from a $63 billion peak in October 2025.

The funds posted a sixth consecutive week of outflows last week, and Galaxy Research reported that daily redemptions have been deepening day over day.

Bitcoin traded around $64,167 at the time of reporting, about 17.4% lower than a month earlier. Market participants and analysts cited higher U.S. inflation and geopolitical tensions involving the United States and Iran as factors affecting crypto risk appetite.

Jay Jacobs, BlackRock’s U.S. head of equity ETFs, said outflows can reflect routine portfolio adjustments rather than shifts in long-term conviction. He pointed to trades between funds, such as selling IBIT and buying the newly launched BITA, that can register as outflows for one product and inflows for another. “If we see a day of outflows, there could be a million reasons why,” Jacobs added.

BlackRock introduced the iShares Bitcoin Premium Income ETF, BITA, on Wednesday. The new offering provides a yield-oriented option tied to bitcoin and may prompt rotations between funds that affect headline flow figures without indicating permanent withdrawals from crypto exposure.

U.S. spot Bitcoin ETFs were approved and began trading in January 2024, giving institutional and retail investors a regulated route to bitcoin. The products attracted tens of billions in assets before flows turned negative this month.