US Bitcoin Spot ETFs See Two-Day Net Outflow as $295.9M Flows Out

U.S. Bitcoin (BTC) spot exchange-traded funds saw net outflows continue as over $200 million in capital exited the market.

According to Pathside Investors on April 17 (local time), the daily net outflow for U.S. Bitcoin spot ETFs totaled $295.9 million (approximately 40.86 billion won). This marks two consecutive days of net outflows.

BlackRock's IBIT saw the largest outflow at $144.1 million, followed by Ark Invest's ARKB with $84.4 million and Fidelity's FBTC with $52.7 million.

Grayscale's GBTC also recorded a $18.2 million outflow, while MSBT saw $3.5 million in net inflows. BITB, BTCO, EZBC, BRRR, HODL, and BTCW, along with Grayscale's Mini Bitcoin ETF (BTC), showed no net flows.

On the previous trading day, April 15, there was a $450.4 million outflow. Cumulative outflows over two days now total $746.3 million.