Bitcoin ETFs See $326M Exit in Fourth Day of Outflows

Bitcoin ETFs saw a sharp $326 million outflow on April 8, marking the fourth straight day of redemptions as investors grow cautious.

BlackRock’s IBIT led the retreat with a massive $252.9 million withdrawal, followed by losses from Bitwise’s BITB and Ark 21Shares’ ARKB. Trading volume dropped to $3 billion, down from $6.59 billion the previous day, while total net assets fell to $85.76 billion.

Ether ETFs also saw minor outflows, with Fidelity’s FETH losing $3.29 million. The consistent pullback raises concerns over sentiment and market direction in early April.

Clever Robot News Desk 11^th April 2025