U.S. spot Bitcoin ETFs recorded net outflows of $635.6 million on Thursday, marking the largest single-day withdrawal since June. BlackRock's IBIT led the exodus with $254.1 million in outflows, followed by Fidelity's FBTC at $217.5 million and Ark Invest and 21Shares' ARKB at $109.4 million. Morgan Stanley's MSBT bucked the trend, posting $2.3 million in net inflows.
Bitcoin fell to approximately $81,500 on Friday, down 3.4% over the past 24 hours, as selling pressure from U.S. tech stocks spread to Asian markets amid AI spending concerns and geopolitical tensions. Crypto market liquidations reached at least $440 million in the same period, with long positions accounting for roughly $397 million.
Jeff Anderson, head of STS Digital's U.S. division, noted that Bitcoin has remained within a $80,000-$86,000 range recently, with market attention focused on the direction of any breakout.
Bitcoin ETFs Record Largest Daily Net Outflow Since June as BTC Drops to $81,500
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