U.S. Bitcoin Spot ETFs Record $131.6M Weekly Net Outflow as FBTC Drags Downflows

In Brief:

U.S. Bitcoin spot ETFs saw a total net outflow of $131.6M for the week ending June 7.

BlackRock’s IBIT gained $81.1M, but heavy outflows from Fidelity’s FBTC offset gains.

According to data from Farside Investors, U.S. Bitcoin spot ETFs posted a total net outflow of $131.6 million over the past week. Despite continued inflows into BlackRock’s iShares Bitcoin Trust (IBIT), broader market activity pulled the overall figure into negative territory.

IBIT recorded a net inflow of $81.1 million, highlighting its continued strength among institutional investors. However, Fidelity’s FBTC saw a sharp weekly outflow of $167.7 million—by far the largest among all issuers. ARK 21Shares Bitcoin ETF (ARKB) also reported a $24.5 million outflow.

The contrasting flows suggest investor sentiment is mixed, with some reallocating capital amid price consolidation and macroeconomic uncertainty. While IBIT continues to lead the sector, the large drawdown in FBTC reflects shifting preferences or risk-off repositioning.

Market analysts will be watching if the trend continues next week as Bitcoin trades near $105,000.

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