Spot Bitcoin ETFs bleed $1B in a week, snapping six-week inflow run

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Spot Bitcoin ETFs see weekly outflows. Source: SoSoValue The weekly loss marks a reversal from the previous six weeks, during which spot Bitcoin ETFs attracted consistent net inflows, with the week of April 17 standing out as the strongest, pulling in $996.38 million. This week’s selling leaves total net assets sitting at $104.29 billion, with cumulative net inflows across all products at $58.34 billion. Related: Bitcoin ETFs Post Largest Outflows Since January as BTC Slips In a recent note, analysts at Bitunix said capital is “aggressively” rotating toward both the “AI growth narrative” and the institutionalization of crypto assets. NVIDIA, Google and Apple pushed toward fresh all-time highs last week, while AI chipmaker Cerebras surged more than 70% intraday on its IPO debut. On the crypto front, the CLARITY Act, widely seen as one of the most consequential crypto market structure bills in the US, cleared the Senate Banking Committee. Coinbase shares rallied sharply subsequently as markets priced in the development, and Bitcoin climbed back toward the $82,000 mark. However, Bitcoin’s price structure points to a market on edge, Bitunix said. They noted that heavy short liquidity sits clustered between $82,400 and $82,600, with $80,000 serving as the key support level to watch. “Current price action suggests the market has clearly entered a high-leverage volatility structure, as capital waits for further direction from the three dominant macro themes: AI expansion, U.S.-China relations, and crypto regulation,” they wrote. Related: JPMorgan Boosts Bitcoin ETF Holdings in Q1 2026 Filing Meanwhile, spot Ether ETFs recorded outflows across all five trading days last week. Tuesday was the worst session, with $130.62 million exiting the products, followed by $65.65 million on Friday, $36.30 million on Wednesday, $16.89 million on Monday, and a relatively muted $5.65 million on Thursday. Combined, the five-day streak wiped $254.46 million from the funds, pulling total net assets down to $12.93 billion by week’s end. Magazine: Guide to the top and emerging global crypto hubs — Mid-2026 More on the subject

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