U.S. Bitcoin and Ethereum ETFs See Over $1.1 Billion in Outflows
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
- Massive Outflows: U.S. Bitcoin ETFs experienced approximately $399 million in outflows over three days, while Ethereum ETFs saw redemptions of $159 million in a single session, indicating a significant shift in institutional confidence that could lead to increased market volatility.
- Changing Market Sentiment: The total outflow exceeding $1.1 billion reflects a preference among institutions for risk management in the short term rather than a complete risk-off approach, potentially impacting future investment strategies and overall market stability.
- Impact of Major Players: Significant redemptions were reported from key ETFs, including BlackRock's iShares Bitcoin Trust and Fidelity's Wise Origin Bitcoin ETF, with BlackRock alone shedding about $193 million, highlighting strategic repositioning by large institutions.
- Long-Term Confidence: Despite the substantial outflows, Fidelity Investments' CEO Abigail Johnson expressed ongoing confidence in Bitcoin's long-term potential, suggesting that institutions may be seeking long-term investment opportunities amidst short-term volatility.
About the author

Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.







