In the wake of Bitcoin’s (BTC) decline, spot ETFs saw the value of their assets under management suffer $817.87 million in outflows. This is the worst day since last November. Let’s take stock of this hemorrhage.
$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 24 hours. Against this backdrop, ETFs also recorded heavy outflows during their daily 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 session ended with withdrawals totaling $817.87 million.
This was not only the worst day since November 20, but also the fourth worst session for these ETFs since their launch in January 2024. Combining these outflows 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 since the end of April 2025:
Bitcoin ETFs are now closer to falling back below the symbolic $100 million AUM threshold than to exceeding their all-time high (ATH) of $169.54 billion on October 6.
By extension, BTC also tends to break out of the bottom of its range between $85,000 and $95,000, where prices have been trading since November:
In the absence of a rapid recovery, the current situation could therefore bode ill for the medium term.
As for other ETFs, those on ETH lost $155.61 million on Thursday, representing 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 are still anecdotal, with the exception of XRP ETFs, which had their third and worst day of outflows since their launch, with $92.92 million in redemptions. Currently, the value of assets under management for these funds is $1.21 billion.
