Spot Bitcoin ETF experiences its fourth consecutive day of net outflows, with nearly $400 million withdrawn in a single day

Entering 2026, the US spot Bitcoin ETF faces renewed pressure. The latest data shows that the spot Bitcoin ETF has experienced net capital outflows for the fourth consecutive trading day, with a single-day outflow approaching $400 million, keeping the market highly attentive to short-term capital movements.

According to SoSoValue statistics, the US spot Bitcoin ETF recorded a total net outflow of approximately $399 million on Thursday. Among them, BlackRock’s IBIT saw an outflow of about $193 million, Fidelity-related products saw an outflow of approximately $121 million, and products under Ark & 21Shares as well as Grayscale also experienced varying degrees of capital withdrawal. Over the past four trading days, the total outflow of Bitcoin ETFs has exceeded $1.1 billion, essentially offsetting the phased net inflow at the beginning of 2026.

The capital performance of the spot Ethereum ETF is also relatively weak. On Thursday, Ethereum ETFs experienced a total net outflow of about $159 million, with BlackRock’s ETHA seeing an outflow of approximately $107 million, and Grayscale’s ETHE recording an outflow of over $30 million, indicating that mainstream crypto asset ETFs are under short-term pressure simultaneously.

LVRG Research Director Nick Ruck pointed out that this round of ETF capital outflows more reflects portfolio rebalancing, profit-taking after previous gains, and short-term cautious sentiment after entering a volatile phase, rather than a fundamental change in institutional long-term allocation logic for Bitcoin. He believes that the overall crypto market remains in a healthy consolidation phase, with Bitcoin trading above $90,000, and institutional funds continuing to absorb at the underlying level as support.

On the price front, Bitcoin quickly stabilized after briefly falling below $90,000, currently trading around $90,660 as of press time, with a slight increase over the past 24 hours. Ethereum also weakened in tandem, falling back to around $3,100. In comparison, some segmented ETFs show signs of capital divergence: the spot XRP ETF recovered to positive inflows on the day, recording a net inflow of about $8.72 million; the spot Solana ETF has experienced net capital inflows for the eighth consecutive trading day, with a single-day scale of approximately $13.64 million.

Market analysis generally considers ETF capital flows as an important reference for judging short- to medium-term trends in crypto assets. Nick Ruck reminds traders to focus on Bitcoin’s technical resistance around $95,000, the rhythm of ETF capital changes, and subsequent Federal Reserve policy signals, as these factors will jointly determine whether Bitcoin breaks through or continues to maintain a high-level oscillation.