Spot Bitcoin ETFs Bleed Over $800 Million: Second‑Largest Exit Ever – Details

Christian Encila

5 hours ago

2 mins read

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Reports have disclosed that spot Bitcoin ETFs experienced a massive institutional withdrawal last Friday, with investors pulling out over $800 million.

That outflow ranks as the second-largest one-day exodus in the history of these funds. It wiped out roughly one week’s worth of inflows and pushed cumulative net inflows down to $54 billion.

Spot Bitcoin ETFs See Major Withdrawals

Based on reports, the total assets under management across all spot Bitcoin ETFs now stand at $146.48 billion. That represents just 6.46% of Bitcoin’s overall market capitalization.

Leading the sell-off was Fidelity’s FBTC, which saw redemptions of $331 million. Close behind was ARK Invest’s ARKB, with $327.93 million exiting the fund.

The Bitcoin ETFs had $812M worth of outflows yesterday.

The 2nd largest outflow day in history.

Should we be worried? pic.twitter.com/YdiPolJODE

— Mister Crypto (@misterrcrypto) August 3, 2025

Grayscale’s GBTC recorded $67 million in outflows, and BlackRock’s IBIT faced a comparatively small pull-back of $2.58 million.

Even with big redemptions, institutions have not stepped away completely. There is a sense that they are simply shifting tactics.

Trading Volumes Hold Up Strong

According to trading data, daily turnover across all spot Bitcoin ETFs surged to $6.13 billion on the same day. BlackRock’s IBIT alone accounted for $4.50 billion of that figure.

Such high volume suggests that buyers and sellers are still very active. It points to a market where investors are fine-tuning positions rather than abandoning them. Futures, discounted funds like GBTC, or alternative crypto products could be where some capital is moving.

Ethereum ETFs Break Inflow Streak

Reports have disclosed that spot Ether ETFs ended a 20-day inflow streak with net outflows of $152 million last Friday. That streak was the longest the Ether products have ever seen. Grayscale’s ETHE led the outflows with $47.68 million leaving the fund.

Bitwise’s ETHW saw $40.30 million in redemptions, while Fidelity’s FETH lost $6.17 million. BlackRock’s ETHA held steady, reporting $10.71 billion in assets under management.

BTCUSD trading at $114,562 on the 24-hour chart: TradingView

Total trading across all Ether ETFs reached $2.26 billion, with Grayscale’s product making up nearly $290 million of that sum. The combined AUM for Ether ETFs now sits at $20 billion, equivalent to 4.70% of Ethereum’s market cap.

Two weeks earlier, on July 16, these same funds posted their highest single-day inflow of $727 million, followed by another $602 million on July 17.

Featured image from Meta, chart from TradingView

Christian Encila

They say journalists never truly clock out. But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn.

Christian's journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats – a testament to his dedication to his furry companions (more on that later).

Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley!

So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill).

Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair.

Speaking of chill, Christian's got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin’ helps him analyze and write meticulously formatted articles even better.

Here's the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day - and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies.

Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors - and bosses - he deeply respects.

So, the next time you tread into the world of cryptocurrency, remember the man behind the words – the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.

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