Bitcoin ETFs see $714.4 million outflow over four consecutive trading days Quick Take
Farside data shows that Bitcoin (BTC) exchange-traded funds (ETFs) experienced another significant outflow on June 18, amounting to $152.4 million. This marks the fourth consecutive trading day of outflows; the record outflow streak is from April 24 to May 2, which spanned seven consecutive trading days. The current sequence has resulted in a cumulative outflow of $714.4 million.
Fidelity’s FBTC ETF saw a substantial outflow of $83.1 million, bringing its total net inflow to $9.2 billion. This is also the fourth consecutive trading day of outflows for FBTC, totaling $361.6 million, nearing its record of five straight days of outflows. Bitwise’s BITB ETF recorded a $7.0 million outflow, pushing its total net inflow to $2.0 billion. BlackRock’s IBIT continued its long run of recording no outflows.
Meanwhile, Grayscale’s GBTC ETF experienced a significant outflow of $62.3 million, its largest since June 11. Total outflows now reach $18.3 billion. According to Farside data, total inflows for Bitcoin ETFs stand at $14.8 billion.
Analyst 
James Van Straten
James fervently appreciates data, technology, and trend-spotting. As a tech and liberty maximalist, he hails Bitcoin as the 21st century's paramount invention.
Latest Insights
In this insight
Bitcoin, a decentralized currency that defies the sway of central banks or administrators, transacts electronically, circumventing intermediaries via a peer-to-peer network.
Fidelity Investments
Fidelity Investments Inc., commonly referred to as Fidelity, is a multinational financial services corporation based in Boston, Massachusetts.