In a notable downturn, US-listed spot Bitcoin exchange-traded funds (ETFs) experienced their highest recorded net outflow of approximately $6.35 billion over the past month, coinciding with a 17% drop in Bitcoin's value. This marks the largest outflow since the ETFs were introduced in January 2024, according to data from Galaxy Research.
These funds have now seen six consecutive weeks of outflows, leading to a cumulative net flow decrease to $53.4 billion, down from a peak of $63 billion in October 2025. Jay Jacobs, the head of equity ETFs at BlackRock, emphasized that daily fluctuations in outflows can be attributed to various factors beyond mere market sentiment, noting that investors might be reallocating their assets among different ETFs.
As of now, Bitcoin is priced at $64,167, reflecting a significant decline of 17.4% over the last month. Factors such as rising US inflation and geopolitical tensions, particularly the ongoing conflict between the US and Iran, have contributed to the asset's volatility. Despite this, Jacobs maintains that BlackRock views Bitcoin as a viable global monetary alternative.