US spot Bitcoin ETFs post $185.4M Friday outflows
In short
US spot Bitcoin ETFs saw $185.4 million leave the funds on Friday. BlackRock’s IBIT lost $143.5 million, and Fidelity’s FBTC lost $41.9 million.
The withdrawals add to a two-week run of $2.35 billion in outflows. That shows investors pulling back from these Bitcoin funds.
What the reporting says
US spot Bitcoin ETFs recorded $185.4 million in net outflows on Friday, with BlackRock’s IBIT accounting for $143.5 million and Fidelity’s FBTC shedding $41.9 million. The report points to continued pressure on the funds as BlackRock’s losing streak reached 11 sessions.
Why it matters
The same summary says two-week withdrawals reached $2.35 billion and BlackRock’s streak of losses hit 11 sessions. The flows matter for Bitcoin-linked funds and investors tracking demand for spot crypto ETFs.