In the wake of Bitcoin’s (BTC) plunge, spot ETFs saw their assets under management decline by $817.87 million. This marks their worst day since last November. Let’s take stock of this outflow.
$817.87 million in outflows from Bitcoin ETFs
On Thursday, the price of Bitcoin (BTC) fell below $85,000 again and is currently trading at $82,600, down 6.2% over the past 24 hours. Against this backdrop, ETFs also saw heavy outflows during the trading session.
Last week, we looked back at January 21, which saw U.S. spot Bitcoin ETFs suffer $708.71 million in outflows, marking the worst day of 2026. On Thursday, that record was broken, as the trading session ended with outflows totaling $817.87 million.
Thus, not only was this the worst day since November 20 of last year, but also the fourth-worst trading session for these ETFs since their launch in January 2024. Combined with the decline in the price of BTC, the value of assets under management (AUM) for these funds fell to $107.65 billion, the lowest level since late April 2025:
Assets under management for U.S. spot Bitcoin ETFs
At present, Bitcoin ETFs are closer to falling back below the symbolic $100 million AUM threshold than to surpassing their all-time high (ATH) of $169.54 billion set on October 6.
By extension, BTC is also trending toward breaking below its trading range of $85,000 to $95,000, within which prices have been fluctuating since November:
BTC price (daily data)
Without a rapid recovery, the current situation could therefore bode ill for future developments in the medium term.
As for other ETFs, those tracking ETH saw outflows of $155.61 million on Thursday, marking the fourth-worst day of the year. However, these outflows, combined with the decline in the price of ETH, have caused the AUM of these funds to plummet to $16.75 billion—the lowest level since mid-July 2025.
For other funds, volumes remain negligible, with the exception of XRP ETFs, which recorded their third-worst day of outflows since their launch, with $92.92 million in withdrawals. Currently, these funds’ assets under management total $1.21 billion.
