US spot Bitcoin ETFs recorded $201.8 million in net outflows on Friday, ending a nine-day streak of inflows, according to CoinTelegraph. The outflows were primarily driven by the ARK 21Shares fund as Bitcoin’s price slipped below the $78,000 mark.
Total assets under management for these Bitcoin ETFs fell back below the $100 billion threshold following the outflows. This marks a notable reversal in investor sentiment after a sustained period of asset accumulation.
For Japanese investors closely monitoring crypto-linked products, these shifts in US Bitcoin ETF flows highlight the ongoing volatility and sensitivity of digital asset markets to price movements, underscoring the importance of cautious positioning in the current environment.