Investors have pulled a combined $449 million from US spot Bitcoin ETFs over the past three trading days, accelerating a reversal of recent inflows. On Thursday alone, the funds saw $282.6 million in net outflows — the largest single-day withdrawal since $424.7 million was pulled on July 13, Cointelegraph reports.
ARK 21Shares accounted for $164 million of Thursday's outflows. Other spot ETFs tracking Ether and Solana also recorded net outflows on the same day, suggesting a broader pullback from crypto investment products.
The $449 million three-day exodus erodes part of the strong inflows seen earlier this year. The funds, which debuted in early 2024, had just completed their best three-week stretch of 2026, accumulating $3.8 billion. That bullish run followed a period of market anticipation around regulatory clarity and growing institutional adoption.
Market participants have pointed to broader macroeconomic uncertainty and profit-taking among institutional holders as potential catalysts for the sudden reversal, though no single trigger has been confirmed.
Thursday's outflow of $282.6 million is the largest since the July 13 departure, which itself was driven by broader risk-off sentiment at that time.