US spot Bitcoin ETFs have posted nine straight trading days of net outflows totaling $2.8 billion, while BTC slid from $80,000 to around $73,000 and capital shifted toward AI and semiconductor stocks.
Binance Research reports April DeFi outflows of $13B after major exploits, with TVL dropping 10.7% to $82.7B and leverage ratio rising to 38%. Exploit losses reached $635M, led by Drift and KelpDAO incidents.
Cathie Wood's ARKK ETF gained only 1.7% year-to-date, far behind AI-themed ETFs that surged 40%+. Investors pulled nearly $2.5 billion from ARKK, shifting focus to AI hardware stocks like NVIDIA, driving major outflows.
On March 27, crypto ETFs remained under pressure: Bitcoin ETFs recorded a net outflow of $171.22 million, Ether ETFs extended losses for the seventh consecutive day with $92.54 million in outflows, Solana ETFs saw minor outflows, and XRP ETFs saw no activity.
Bitcoin ETFs saw $137.8 million in net outflows on April 29, marking the third straight day of losses, led by BlackRock’s IBIT at $54.73 million. Ether ETFs also lost $87.73 million, while XRP ETFs saw modest inflows of $3.59 million. Total assets under bitcoin ETFs fell below $100 billion for the first time in months.
CoinShares reports a second consecutive week of digital asset outflows totaling $1.2 billion, led by Bitcoin's $630 million exit. While U.S. dominates outflows, altcoins like Solana and multi-asset products attract fresh capital.
Morgan Stanley's MSBT attracted $30.6 million on its first day, yet Bitcoin ETFs saw $93.9 million in net outflows. Ether ETFs lost $18.6 million, Solana dropped $1.9 million, and XRP saw no activity.
Morgan Stanley's MSBT attracted $30.6 million on its first day, but Bitcoin ETFs still lost $93.9 million net. BlackRock's IBIT added $40.38 million, while Fidelity's FBTC bled $79.12 million. Ether, Solana ETFs also saw net outflows, highlighting fragmented demand.
