The spot bitcoin [BTC] ETF had a difficult week, recording outflows of more than $1.54 billion. According to Farside Investors, the last time an outflow of this magnitude occurred was in early February.
Discover Bitcoin ETF’s weekly summary
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 recently began trading on April 8, saw inflows totaling $39.1 million and two days of no inflows. The remaining BTC ETFs recorded mostly zero flows the past week.
Bitcoin’s market positioning
To understand the market’s potential, the Bitcoin Exchange Netflow chart highlighted the past week’s inflow spikes near local highs.
This showed that profit-taking was dominant, with investors reducing risk and institutional demand temporarily declining. Overall, the signals indicate that the bull market remains intact despite weaker short-term sentiment.
Supporting this view, the Bitcoin Funding Rate showed that most long traders paid short. Simply put, the reduced negative financing rate only meant a temporary correction.
Other ETFs and their performance
Ethereum, on the other hand [ETH] ETF saw outflows of $255.2 million during the week. However, the Solana [SOL] ETF had inflows totaling $58.5 million for a week, with only one day without inflows. In fact, last week was the best week for the SOL ETF since December 2025 previously reported by AMBCrypto.
Similar patterns were also seen by the Spot XRP ETF, which saw inflows of $60.5 million in the past week, with only one day of no inflows.
Final summary
- BlackRock, Fidelity and a few other asset managers led the outflows this past week, pushing cumulative outflows from Spot Bitcoin ETF above $1 billion.
- The net exchange rate flow and positive financing rate indicated that this was a short-term correction and not a long-term trend.