Bitcoin Spot ETF Suffers $492 Million Net Outflow as BlackRock, Fidelity and Grayscale Lead Withdrawals

COINOTAG News, citing Farside Investors monitoring, reports a pronounced net outflow from the Bitcoin Spot ETF market, totaling about $492 million yesterday. The update underscores ongoing reallocation pressures within US-listed crypto wrappers and highlights critical flow dynamics.

Within the breakdown, BlackRock IBIT registered the largest drain, with an outflow near $4.631 billion. The Fidelity offering, FBTC, captured roughly $2.1 million in redemptions, while WisdomTree BTCW saw about $6 million exit. Grayscale GBTC posted about $25.1 million of outflows, contrasted by a modest inflow of roughly $4.2 million for Grayscale Bitcoin Mini BTC.

This dispersion suggests investors are recalibrating exposure within regulated crypto products, with liquidity and pricing implications for the US crypto ETF landscape. Market participants should monitor ongoing redeployments and potential shifts in premium or discount dynamics as new data flow in.