Bitcoin Spot ETF Sees $23.2 Million Outflow, BlackRock IBIT Experiences $198.8 Million Net Outflow.

The US Bitcoin Spot ETF experienced a net outflow of $23.2 million yesterday, while the BlackRock IBIT had a net outflow of $198.8 million. Other ETFs, including Fidelity FBTC, Bitwise BITB, ARK ARKB, Franklin EZBC, VanEck HODL, and Grayscale GBTC, saw net inflows ranging from $6.4 million to $65.7 million.

On August 19, 2025, the U.S. Bitcoin and Ethereum exchange-traded funds (ETFs) experienced significant outflows totaling nearly $1 billion. This outflow is attributed to recent price corrections in the crypto market, where Bitcoin and Ethereum prices have retreated from their recent highs. Bitcoin dropped to $112,000, its lowest level since early August, while Ethereum fell over 8% in the past week to trade at approximately $4,200 [1].

Bitcoin ETFs bore the brunt of the redemptions, with a combined outflow of $523 million. Fidelity’s FBTC led the retreat with $246.9 million in outflows, followed by Grayscale’s GBTC shedding $115.53 million. Additional outflows came from Bitwise’s BITB ($87 million), Ark 21Shares’s ARKB ($64 million), and Franklin Templeton’s EZET ($3 million). Despite these significant redemptions, the US-based crypto ETFs’ assets under management remain at record levels, with Bitcoin ETFs collectively managing $14.6 billion and Ethereum ETFs approximately $2.6 billion [1].

Ethereum ETFs also saw notable pressure, recording $422.3 million in redemptions. Fidelity’s FETH lost $156.32 million, while Grayscale’s two Ethereum products shed over $200 million. Bitwise’s ETHW also recorded significant outflows of over $39 million. Other ETH financial instruments like and funds lost $15 million [1].

Despite the redemptions, interest in crypto ETFs persists. Nate Geraci, president of NovaDius Wealth, argued that approvals for additional products are close, with the “floodgates” potentially opening within two months as a clearer regulatory framework takes shape. The SEC is currently reviewing applications for ETFs tied to XRP, Solana, Litecoin, and other prominent tokens, with a high likelihood of over 90% of these products being approved [1].

On a separate note, BlackRock’s Bitcoin Spot ETF (IBIT) experienced a net inflow of $114.4 million on August 16, 2025, indicating growing institutional interest in Bitcoin as a viable asset class. This inflow highlights the potential bullish trend for BTC prices amid fluctuating market conditions [3].

References:

[1] https://cryptoslate.com/us-bitcoin-and-ethereum-etfs-face-1-billion-outflow-amid-market-dip/
[2] https://farside.co.uk/btc/
[3] https://blockchain.news/flashnews/blackrock-bitcoin-spot-etf-sees-114-4-million-daily-inflow-btc-flow-update-for-traders