Bitcoin spot ETFs log $1.26 billion weekly outflow; Ethereum ETFs extend net redemptions to 10 days

ChainCatcher reports that U.S. spot Bitcoin ETFs posted about $1.26 billion in net outflows this week, the largest weekly withdrawal since late January, and have now seen net redemptions for six straight trading days. Monday accounted for roughly $649 million of the outflow. Withdrawals eased somewhat over the following sessions, but the overall direction remained negative. Traders attributed the selling pressure to higher U.S. Treasury yields, a stronger dollar and rising geopolitical tensions. Ethereum ETFs also stayed under pressure, recording net outflows for 10 consecutive days—the longest stretch since March 2025—with weekly net redemptions of about $216 million. BlackRock's iShares Bitcoin Trust (IBIT), with around $61.1 billion in assets, remains $3.7 billion below its cumulative net inflows, a sign that recent price swings have weighed on the value of holdings. By the ETF close, Bitcoin was trading near $77,500 and Ethereum around $2,130, both in a tight range. Despite the latest withdrawals, spot Bitcoin ETFs have still accumulated about $57.1 billion in net inflows since launch, with total assets under management of roughly $98.9 billion.