Which BTC ETFs led weekly outflows?

TLDR

BlackRock iShares Bitcoin Trust (IBIT) led weekly net outflows among U.S. spot Bitcoin ETFs with about $240 million last week per tracker data (weekly summary).

1. Bitwise Bitcoin ETF (BITB) saw about $115 million outflows; ARK 21Shares (ARKB) had about $100.7 million (weekly summary).
2. Total BTC ETF net outflows were about $497 million for the week; Fidelitys FBTC was the only notable net inflow (~$33 million) (weekly summary).
3. Day-level prints midweek showed heavy redemptions, aligning with broader risk-off conditions (market update).

Deep Dive

1. Top Weekly Outflows

The largest weekly outflows were concentrated in the biggest funds.

1. IBIT (BlackRock): about $240 million net outflow for the week (weekly summary).
2. BITB (Bitwise): about $115 million net outflow (weekly summary).
3. ARKB (ARK 21Shares): about $100.7 million net outflow (weekly summary).

2. Other Fund Moves

Smaller but notable outflows and one inflow round out the weeks picture.

1. HODL (VanEck) about $39.2 million, GBTC (Grayscale) about $27.5 million, BTC (Valkyrie) about $7.4 million outflows (weekly summary).
2. FBTC (Fidelity) posted the weeks only major net inflow (~$33.1 million) despite some daily redemptions earlier (weekly summary).

3. Why Outflows Surged

Outflows clustered around risk-off days as macro uncertainty rose.

1. The week featured the largest daily net outflows in roughly two weeks (about $357.6 million Monday) as BTC dipped near $85,100%%CKPROTECTED4%% (market update).
2. Redemptions were spread across funds and echoed de-risking in equities, illustrating ETF flows as a fast sentiment gauge (analysis recap).

Conclusion

IBIT, BITB, and ARKB led weekly outflows, while FBTC was the lone bright spot with a modest inflow. The pattern reflects broader risk-off positioning rather than a single-fund idiosyncrasy. Watch whether flows stabilize or turn positive across the largest funds to gauge near-term BTC momentum.