Bitcoin ETF assets fall below $100 billion, with a net outflow of $272 million in a single day

As market selling pressure continues, the asset management scale of Bitcoin ETFs has experienced a significant decline. According to SoSoValue data, on that day, spot Bitcoin ETFs recorded approximately $272 million in net outflows, pushing the overall AUM below the $100 billion mark for the first time since April 2025. In comparison, last October, this figure approached $168 billion, representing a substantial gap.

This correction occurred against the backdrop of a broader decline in the crypto market. Bitcoin briefly fell below $74,000, and over the past week, the total market capitalization of digital assets worldwide decreased from $3.11 trillion to $2.64 trillion. ETF fund outflows coincided with price weakening, indicating that short-term sentiment remains cautious. Although there was a brief net inflow of over $500 million the previous day, Bitcoin-related funds quickly turned to net outflows again, with total outflows since the beginning of the year approaching $1.3 billion.

In contrast, some mainstream altcoin-related products experienced slight absorption. Funds tracking Ethereum, Ripple, and Solana recorded inflows of approximately $14 million, $19.6 million, and $1.2 million respectively on that day, reflecting a structural rotation of funds rather than a complete withdrawal from the crypto space.

Market analysts pointed out that the current price of Bitcoin ETFs is below the creation cost of some shares, which suppresses new capital inflows. However, ETF analyst Nate Geraci believes that the core assets of most spot Bitcoin ETFs will remain stable. Thomas Restout, head of liquidity provider B2C2, also stated that institutional investors tend to be more patient and are unlikely to exit easily due to short-term volatility.

He also mentioned that the next phase of change may come from institutions directly participating in on-chain asset trading, rather than relying solely on securitized products. This trend could alter the future capital structure of the crypto market and add more variables to the subsequent development of Bitcoin ETFs.