Bitcoin ETFs Start 2025 With Record Outflows
Bitcoin ETF The outflow intensified in the first trading session of 2025 as BlackRock iShares Bitcoin Trust (IBIT) recorded its largest ever single-day withdrawal of $332.6 million, according to the data from UK-based asset manager Farside Investors.
The outflow surpassed IBIT’s previous record of $188.7 million set on Dec. 24, marking the fund’s third straight day of withdrawals, its longest streak since inception, the data showed.
The price of bitcoin was around $97,433 on Friday, down nearly 10% from its all-time high of $108,268 in mid-December.
The broader bitcoin ETF market saw a combined five-day outflow of $464.8 million, with IBIT accounting for more than half of the withdrawals at $256.7 million, according to Farside.
Some competitors bucked the trend Bitwise Bitcoin ETF (BITB) Bringing in $48.3 million in new investment on Thursday, meanwhile Fidelity Wise Origin Bitcoin Fund (FBTC) and: ARK 21 Is Offering Shares to Bitcoin ETF (ARKB) sold 36.2 million dollars and 16.5 million dollars, respectively, according to the data.
Over the past five trading days, however, these funds have shown mixed performances, with BITB recording a net outflow of $18.7 million, FBTC seeing withdrawals of $35.4 million, while ARKB managed to attract $53,000. 2 million in new investments, according to Farside.
Grayscale’s product showed mixed results, as did its own Grayscale Bitcoin Mini Trust (BTC) winning $6.9 million while bigger Grayscale Bitcoin Trust ETF (GBTC) lost 23.1 million dollars on Thursday, Farside reports.
Grayscale’s five-day output showed deeper declines, with GBTC seeing $187.7 million in outflows and BTC losing $13.5 million over the period, the data showed.
While that VanEck Bitcoin ETF (HODL) recorded a modest inflow of $8.2 million over five days, while Franklin Bitcoin ETF (EZBC) and: Valkyrie Bitcoin Foundation (BRRR) maintain a stable level of assets.
Despite recent outflows, IBIT remains the dominant player, with $36.9 billion in inflows since the fund’s launch, while the overall bitcoin ETF market has attracted $35 billion in net investment since inception, according to Farside data.
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