Bitcoin ETF net outflows of $263 million, reversing after nine consecutive days of gains

According to SoSoValue data, on April 27, US spot Bitcoin ETFs recorded a net outflow of $263 million in total, ending the previous streak of inflows for nine consecutive trading days. In the previous week, the related funds collectively absorbed about $767 million. BlackRock’s iShares Bitcoin Trust (IBIT) had zero net inflow on the day, with Bitcoin continuing to trade below $80,000.

April 27 US Bitcoin ETF Fund Flow Data

(Source: SoSoValue)

Based on SoSoValue data, on April 27, US spot Bitcoin ETFs recorded a total net outflow of $263 million, ending the prior record of inflows for nine consecutive trading days; in the previous week, the related funds collectively absorbed about $767 million.

IBIT had zero net inflow on the day. According to data posted by Velo on the X platform, IBIT’s net capital inflow has remained relatively stable over the past roughly six months. For the past seven days, the cumulative net inflow for Bitcoin ETFs is still positive, reaching $283 million.

ETHB Sees Inflows Against the Trend, Most Ethereum ETF Funds Outflow

According to SoSoValue data, on April 27, US spot Ethereum ETFs recorded a total net outflow of $50.48 million, with nearly all funds in the category seeing redemptions. The only exception was BlackRock’s Staked Ether ETF (code: ETHB), the only product in the same-day Ethereum ETF category to record net inflow.

SOL ETF Data

According to SoSoValue data, Solana (SOL) ETFs recorded a net outflow of $1.21 million on April 27.

FAQ

What was the net outflow amount for US spot Bitcoin ETFs on April 27?

According to SoSoValue data, on April 27 (Monday), US spot Bitcoin ETFs recorded a total net outflow of $263 million, ending the prior record of inflows for nine consecutive trading days.

How did BlackRock’s IBIT perform on April 27?

According to SoSoValue and Velo data on the X platform, IBIT had zero net inflow on the day, and its net capital inflows over the past roughly six months have remained relatively stable.

Which Ethereum ETF recorded net inflow on the same day?

According to SoSoValue data, BlackRock’s Staked Ether ETF (code: ETHB) was the only product in the April 27 Ethereum ETF category to record net inflow; US spot Ethereum ETFs overall recorded a total net outflow of $50.48 million on the day.