Bitcoin (BTC) ETFs Reverse Seven-Day Streak of Outflows as BTC Price Finds Support Near the $80,00 Level

According to the latest data updated on April 14, US Bitcoin spot ETFs recorded $1.47 million in daily net inflows.

US Bitcoin (BTC) exchange-traded funds (ETFs) reversed their seven-day streak of outflows as the crypto found support near the $85,000 level, latest data from SoSoValue showed on Friday.

The data, which covered major US Bitcoin spot ETFs, revealed net inflows of $1.47 million on April 14, breaking the negative trend that had dominated much of early April.

Bitcoin ETF performance breakdown shows mixed results

A look at the performance of specific ETFs reveals mixed results across different Bitcoin spot ETFs.

The data revealed that BlackRock's IBIT, the largest Bitcoin ETF with $48.58 billion in net assets, had a one-day price change of 1.28% and a value traded of $1.57 billion on April 14.

The ETF also saw net outflows of $36.72 million on the reported day. Meanwhile, Fidelity's FBTC, the second-largest Bitcoin ETF with $16.63 billion in net assets, appeared to have slightly better short-term momentum.

The ETF had a price increase of 1.32% on the same day, with net inflows of $35.25 million and value traded of $305.73 million.

Grayscale's GBTC, the third-largest Bitcoin ETF with $16.14 billion in net assets, comprises 0.96% of Bitcoin's market capitalization. However, it continues to see a decline in assets for cumulative net outflows totaling $22.78 billion since converting from a Trust to an ETF in January.

At the same time, Ark Invest's ARKB, which controls $4.01 billion in assets, had a daily price change of +1.33% and saw no new inflows on April 14 but has accumulated $2.58 billion in total cumulative inflows since its launch.

Smaller ETFs in the ecosystem include BITB, HODL, and BRRR, which hold $3.18 billion, $1.20 billion, and $486.69 million in net assets respectively.

VanEck's HODL saw a daily price increase of 1.35% but experienced outflows of $0.07 million on the reported day. The fee structure across these products varies, with FBTC offering the lowest fee at 0.00% and GBTC charging the highest fee of 1.50%.

Crypto market sentiment turns after prolonged outflows

The recent positive inflow is a change in market sentiment after several weeks of consistent outflows from Bitcoin investment products.

According to CoinShares data, crypto investment products had experienced three consecutive weeks of outflows, with $795 million exiting the market in the previous week alone.

Bitcoin-specific funds bore the brunt of these outflows and accounted for $751 million or about 94% of all withdrawals.

This negative trend since early February had resulted in cumulative outflows reaching $7.2 billion, nearly eliminating all inflows recorded since the beginning of 2025.

Prior to the recent turnaround, year-to-date inflows stood at just $165 million. The outflows were broadly distributed across major fund providers.

iShares ETFs lost the largest amount of funds with $341.64 million, followed by Grayscale Investments with $186.69 million in outflows.

Fidelity's Wise Origin Bitcoin Fund saw $74.63 million exit, while Bitwise Funds Trust lost $43.78 million. ProShares ETFs were the only major provider to record positive inflows during this period, attracting $3.70 million.

The reversal of this trend coincides with Bitcoin finding support near the $85,000 level. The stabilization in Bitcoin's price appears to have restored some investor confidence in spot ETF products, leading to the positive inflows recorded on April 14.

Trading volume across Bitcoin ETFs remains strong

Despite the fluctuations in inflows and outflows, trading volume remains strong across Bitcoin ETFs. According to the data from April 14, the total value traded across US Bitcoin spot ETFs reached $2.16 billion.

BlackRock's IBIT led trading activity with $1.57 billion in daily value traded and accounted for more than 70% of the total ETF trading volume.

Fidelity's FBTC recorded the second-highest trading volume with $305.73 million traded on April 14, or about 14% of the total daily trading value across all Bitcoin ETFs. The fund also saw 4.14 million shares change hands during the trading session.

At the same time, Grayscale's GBTC kept up a significant trading volume of $96.29M daily