US spot Bitcoin ETFs saw $201.81 million in net outflows on Friday, ending a nine-day inflow streak that had accumulated roughly $3.044 billion in fresh capital. The outflows pushed total assets under management across the 12 listed funds below $100 billion to approximately $96.5 billion.
Bitcoin's price performance contributed to the selloff. After rising above $81,000 during a rally supported by US Treasury buyback operations, the price retreated below $78,000, prompting institutional investors to reduce their holdings.
Fund-by-fund breakdown
ARK 21Shares' ARKB led losses with $114.89 million in net outflows, representing more than half of the day's total redemptions. Bitwise's BITB followed with $49.69 million heading for exits, while BlackRock's IBIT shed $33.40 million. VanEck's HODL posted $13.17 million in outflows.
Morgan Stanley's MSBT was the only standout performer, attracting $9.34 million in new capital.
Context
The nine-day inflow streak ran from August 17 through August 27, with a peak single-day inflow of $606.29 million on August 20. Friday's $202 million outflow represented a 6.6% giveback from the accumulated gains.
Across all 12 spot Bitcoin ETFs, holdings total approximately 1.244 million BTC. BlackRock's IBIT maintained its position as the leading ETF by cumulative net gains for the year, despite the day's redemptions.
