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Bitcoin funds accounted for $430 million of the withdrawals, while Ether funds lost about $100 million. Bitcoin fell below $76,000.
U.S. spot Bitcoin and Ether exchange-traded funds saw $530 million in net withdrawals Thursday as Bitcoin fell below $76,000 amid a sharp decline in U.S. stocks.
Bitcoin funds accounted for $430 million of the total, while Ether products lost about $100 million. The reversal followed $128 million in combined inflows Wednesday, when Bitcoin briefly rose above $80,000 after Democrats’ victories in the U.S. midterm elections.
Fidelity’s Wise Origin Bitcoin Fund (FBTC) had the largest outflow, at about $200 million, after taking in roughly $237 million Wednesday. BlackRock’s iShares Bitcoin Trust (IBIT) lost $105 million Thursday, extending its outflow streak to five consecutive sessions. More than $1 billion has left IBIT since Oct. 30.
Bitcoin ETFs ended Thursday with about $510 million in net outflows for the year. The Nasdaq Composite fell 5.5%, its steepest one-day decline since April 2025. The one-day improvement in fund flows did not last.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.