Bitaigen Research 
The U.S. spot Bitcoin ETF recorded a net outflow of $228 million on Thursday, ending three consecutive days of net inflows, and Bitcoin’s price also slipped below the $71,000 mark.
According to data from SoSoValue, Thursday’s net outflow from spot Bitcoin ETFs amounted to $228 million, signaling the end of a three‑day inflow streak that had totaled roughly $1.1 billion. By the start of Friday’s trading session, the week‑to‑date cumulative inflow still stood at $917.3 million, but net outflows since the beginning of the year have already reached about $900 million. To date in 2026, total inflows amount to $3.58 billion, while total outflows have climbed to $4.49 billion.
Earlier this week, the total assets under management (AUM) of spot Bitcoin ETFs rose back above the threshold, keeping the combined AUM above $90 billion.
Since Monday, daily capital movements for each U.S. spot Bitcoin ETF have been as follows (source: SoSoValue):
- iShares Bitcoin Trust ETF (IBIT): outflow of $89 million, the largest;
- Wise Origin Bitcoin Fund (FBTC): outflow of $48 million;
- Bitwise Bitcoin ETF (BITB): outflow of $46 million.
Analysts note that the capital outflow from spot Bitcoin ETFs coincides with a “relief bounce” that Bitcoin is experiencing amid an overall bear market. CryptoQuant added that Bitcoin’s surge past $73,000 may represent only a brief, temporary bounce rather than the start of a new bull run; the firm previously warned that, in a prolonged crypto winter, Bitcoin could dip below $60,000.
We observed a significant net outflow from Bitcoin spot ETFs this week, interrupting the streak of inflows, while Bitcoin’s price also breached a key support level. This article analyzes the shift in market sentiment and potential downstream effects, helping readers track market dynamics.
Despite a 57% price decline since launch, Solana ETF remains robust
Altcoin ETFs have also felt the negative sentiment. The Ethereum (ETH) fund saw a $91 million outflow, while XRP and Solana (SOL) experienced modest outflows of $6 million and $5 million, respectively. Notably, the Solana ETF’s outflow marks its first loss since early February; year‑to‑date, it has attracted roughly $200 million in inflows, whereas XRP’s cumulative inflow over the same period stands at $86 million.
Bloomberg ETF analyst Eric Balchunas wrote on the X platform that, although SOL’s price has fallen 57% since spot ETFs launched in July, the Solana ETF has accumulated $1.5 billion in net inflows. Balchunas further pointed out that these funds have been largely retained, and that in Q4 2025 several institutions expanded their exposure to Solana. “Both signals point to a positive outlook for the future,” he commented.
The above content summarizes the latest developments: Bitcoin’s (BTC) rebound is stalling, and spot ETFs experienced a single‑day outflow of $228 million. For deeper analysis of Bitcoin price trends and ETF movements, stay tuned to Bitaigen (比特根) for future reports.
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