Bitcoin ETFs shed $2.35B in two weeks as BlackRock’s losing streak hits 11 sessions
US spot Bitcoin ETFs saw $2.35B in net outflows over two weeks, with BlackRock's IBIT losing $2.35B over 11 sessions. Fidelity's FBTC also experienced outflows. Bitcoin's price fell below $70,000 during this period, according to Farside Investors data.
How this was made

The 30-second read
Why it matters
The outflows suggest weakening demand for Bitcoin exposure, likely pressuring BTC lower in the short term.
Market read
Large, consecutive outflows from major spot Bitcoin ETFs indicate a shift in investor sentiment that could affect Bitcoin's price and related crypto assets.
What to watch
Potential regulatory developments or macro‑economic data could reverse the outflow trend.
Background
The article reports fresh data from Farside Investors on net outflows from U.S. spot Bitcoin ETFs, highlighting a sustained withdrawal streak.
Ticker impact
Spot Bitcoin ETFs recorded $2.35 B of net outflows over two weeks, signaling bearish pressure on Bitcoin.
downward pressure as the market prices in reduced demand for spot Bitcoin exposure
Large, consecutive outflows across multiple funds (IBIT, FBTC) reflect a shift away from Bitcoin, which typically drags BTC lower.
Market effects
Crypto sector may see broader risk-off sentiment, affecting other digital assets and related stocks.
U.S. crypto investors likely reduce exposure, but global impact depends on parallel flows in other jurisdictions.
Significant for global Bitcoin price as U.S. spot ETFs are a major liquidity source.
Counterpoint
Some traders may view the outflows as a buying opportunity if they expect a short-term bounce.
Key entities
- ETFiShares Bitcoin Trust
BlackRock's spot Bitcoin ETF (IBIT) contributed $143.5 M to Friday's outflows.
- ETFWise Origin Bitcoin Fund
Fidelity's spot Bitcoin ETF (FBTC) contributed $41.9 M to Friday's outflows.




