Bitcoin Spot ETFs Experience Net Outflow of $131.6 Million Amid Macroeconomic Concerns

U.S. Bitcoin spot ETFs reported a net outflow of $131.6 million last week due to rising macroeconomic uncertainty. BlackRock's iShares Bitcoin Trust saw an $81.1 million inflow, while Fidelity's Wise Origin Fund suffered a $167.7 million outflow and Grayscale's Bitcoin Trust had a $40.6 million outflow. These outflows may impact Bitcoin's spot market liquidity and lead to short-term price volatility.

U.S. Bitcoin spot ETFs reported a net outflow of $131.6 million last week, driven by rising macroeconomic uncertainty [2]. This significant shift in institutional sentiment has sparked concerns about potential short-term price volatility in the Bitcoin spot market.

The week saw mixed flows across different ETFs. BlackRock's iShares Bitcoin Trust (IBIT) saw an inflow of $81.1 million, indicating resilience amidst the downturn [2]. Conversely, Fidelity's Wise Origin Fund (FBTC) experienced a substantial outflow of $167.7 million, signaling a sharp divergence in investor confidence [2]. Grayscale's Bitcoin Trust (GBTC) also saw a notable outflow of $40.6 million, reflecting persistent selling pressure [2].

These outflows may impact Bitcoin's spot market liquidity, potentially leading to short-term price volatility. The net outflow of $131.6 million from Bitcoin ETFs as of June 7, 2025, suggests a potential short-term bearish outlook for BTC and related crypto assets [2]. This institutional pullback often correlates with reduced liquidity in spot markets, as seen in the 24-hour trading volume for BTC/USDT on Binance dropping to $1.8 billion on June 7, 2025, compared to $2.1 billion the previous week [2].

The impact extends to altcoins, with Ethereum (ETH) declining 3.1% to $3,250 on Coinbase as of the same timestamp, likely due to correlated risk aversion [2]. Cross-market analysis reveals a direct link between stock market declines and crypto outflows, as investors shift to safer assets amid uncertainty [2].

Bitcoin's price action as of June 7, 2025, shows a breach below the key support level of $69,000 on the 4-hour chart, with the Relative Strength Index (RSI) dipping to 42, indicating oversold conditions [2]. Trading volume on major pairs like BTC/USDT spiked to $650 million in the hour following the ETF flow data release, reflecting heightened selling pressure [2].

Institutional money flow, as evidenced by ETF outflows, points to a broader risk aversion that could pressure crypto markets further. Traders should monitor key levels such as BTC’s next support at $67,000 and resistance at $70,000, with potential breakout or breakdown scenarios hinging on stock market recovery signals [2].

The interplay between stock market movements and crypto ETF flows highlights a critical dynamic for traders. With the S&P 500 and Nasdaq showing persistent weakness as of June 7, 2025, institutional investors appear to be reducing exposure to high-risk assets like Bitcoin [2]. This is further evidenced by the $40.6 million outflow from GBTC, a long-standing proxy for institutional sentiment [2]. Crypto-related stocks, such as Coinbase (COIN), also saw a 3.7% decline to $225 over the week, reflecting the broader impact of ETF outflows on the sector [2].

Until then, bearish momentum may dominate, making short-term downside trades on BTC and altcoins a potential focus for active traders. Traders should capitalize on these correlations by monitoring stock market indices for early signals of crypto price reversals, particularly in leveraged positions on BTC and ETH futures [2].

References:
[1] https://www.fxempire.com/forecasts/article/bitcoin-btc-climbs-despite-etf-outflows-as-us-recession-fears-ease-1524502
[2] https://blockchain.news/flashnews/bitcoin-etf-weekly-net-flow-shows-131-6-million-outflow-key-impact-on-crypto-market-trends