US Bitcoin ETFs See First Net Outflows of 2026 Totaling $243 Million

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The initial inflow surge for US spot Bitcoin ETFs has reversed. On Tuesday, these funds posted approximately $243 million in net outflows, interrupting a two-day streak that had seen more than $1.16 billion enter the market.

This data, provided by SoSoValue, marks the first instance of aggregate negative flows in the new year for these investment vehicles.

Leading the downturn was Fidelity’s FBTC with a substantial $312.24 million withdrawal. Grayscale’s GBTC and its BTC Mini Trust product also faced redemptions of $83.07 million and $32.73 million, respectively. Outflows were additionally noted at funds managed by Ark & 21Shares and VanEck.

BlackRock’s IBIT provided a notable counterpoint, attracting $228.66 million and single-handedly offsetting a significant portion of the day’s total exits. IBIT remains a dominant force, having gathered $888 million in net inflows across just three trading days in 2026.

Analysts suggest this is a routine adjustment. “BTC ETF outflows look more like post-inflow normalization than risk-off,” stated Vincent Liu, CIO of Kronos Research. “Institutions are rebalancing exposure, not exiting conviction. One day of ETF outflows doesn’t outweigh the broader trend of sustained institutional allocation.”