The mood around Bitcoin ETF outflows shifted sharply this week. After a powerful stretch of buying, U.S. spot Bitcoin funds have now posted three consecutive days of withdrawals, with Thursday delivering the biggest daily exit in almost two months.
Investors pulled $282.6 million from spot Bitcoin ETFs on Thursday, according to SoSoValue data. That marked the largest one-day net outflow since July 13, when withdrawals reached $424.7 million.
The move comes after the funds had just recorded one of their strongest runs of the year. Over three weeks, spot Bitcoin ETFs attracted roughly $3.8 billion in net inflows, making the sudden reversal feel especially pronounced.
Thursday’s withdrawals were led by ARK 21Shares Bitcoin ETF, which saw $164 million leave the fund. Grayscale’s Bitcoin Trust ETF followed with $36 million in outflows, while Fidelity’s FBTC recorded $33.6 million.
Across the three-day streak, Bitcoin ETF outflows have reached $449 million so far this week. Despite that recent selling, cumulative net inflows for the funds remain substantial at $55.17 billion.
Bitcoin ETF Outflows Break the Winning Streak
The withdrawals are notable not just for their size, but for their timing. The market had just shown renewed appetite for regulated Bitcoin exposure, pushing assets across U.S. spot ETFs to about $97.5 billion.
Thursday’s numbers suggest some of that momentum is being tested. Rather than a single fund absorbing nearly all the selling, several major products recorded withdrawals, with ARKB accounting for the largest share.
The pattern extended beyond Bitcoin, too.
Spot Ether ETFs recorded $29.8 million in net outflows on Thursday. That nearly erased the $34.8 million in inflows those funds had collected just one day earlier.
Solana funds also slipped into negative territory. Spot Solana ETFs saw $483,000 in net outflows Thursday, reversing an $11.7 million inflow recorded the previous day.
For now, Bitcoin ETF outflows remain the clearest signal of the shift. The three-day streak has interrupted an otherwise strong period of demand, but it has not erased the much larger inflow total accumulated by spot funds since launch.
The result is a familiar tension for an increasingly institutional crypto market: billions can move into these products during a strong run, and a relatively short burst of selling can quickly reshape the daily picture.
This week, the buyers have simply given way to the sellers.