TLDR
- Bitcoin ETFs recorded more than $475 million in outflows across Thursday and Friday.
- The withdrawals ended a seven-day inflow streak for US spot Bitcoin funds.
- Bitcoin ETFs attracted $999.3 million between July 14 and July 22 before sentiment reversed.
- BlackRock’s iShares Bitcoin Trust handled much of the late-week trading activity.
- Bitcoin traded near $64,544 after losing momentum following the ETF withdrawals.
Bitcoin ETFs recorded more than $475 million in withdrawals on Thursday and Friday, ending a seven-day run of steady inflows. The reversal showed that investor confidence weakened after a brief recovery in demand for regulated Bitcoin products. The shift renewed questions about the strength of institutional demand.
BlackRock’s iShares Bitcoin Trust handled much of the trading activity during the selloff. The outflows came after Bitcoin ETFs attracted $999.3 million between July 14 and July 22, led by funds from Fidelity, Morgan Stanley, and Grayscale.
Bitcoin Price Stalls After ETF Outflows
The recent inflows had supported Bitcoin’s move higher, but the late-week withdrawals reduced that momentum. Bitcoin price traded near $64,544 and showed little change over the past seven days after giving back part of its earlier gains.
Bitcoin remains down more than 26% in 2026. It has also lost nearly half its value since reaching a record of $126,080 in October, leaving traders cautious despite calls that the market may have formed a bottom.
New Bitcoin ETFs Draw Fresh Investor Demand
Not every product posted losses. Morgan Stanley’s Bitcoin Trust received almost $9 million in new money across Thursday and Friday, even as the wider market faced redemptions.
The fund launched in April and now manages close to $400 million in assets. Its growth places it among the stronger ETF launches of 2026 and shows that some investors still prefer newer Bitcoin ETFs.
Bitcoin ETFs have expanded access to cryptocurrency since US regulators approved spot products in 2024. They allow investors to gain Bitcoin exposure through traditional brokerage accounts without directly holding the asset.
However, rising oil prices and conflict in the Middle East continue to weigh on risk assets. CoinShares has also warned that fresh ETF inflows may not be enough to drive a lasting rally while global market pressure remains high.
