US Spot Bitcoin ETFs Post $1B Weekly Outflow

US-listed spot Bitcoin ETFs recorded $1 billion in net outflows this week, the largest weekly withdrawal since late January. The funds shed roughly 14,000 BTC and Bitcoin’s price fell about 3% to near $78,074.

The outflow ended a six-week run of positive net inflows, during which the US-listed products gathered about $3.4 billion. Market trackers show the recent withdrawal as the biggest weekly capital flight in five months and a pause in the institutional demand that had built through the spring.

Ecoinometrics described the outflow as a period of tactical hesitation close to a key macroeconomic decision point rather than a broad institutional unwind. The analytics firm noted net flows into US spot Bitcoin ETFs remained positive over the past 30 days.

Analysts at Coinbase pointed to hotter-than-expected Consumer Price Index and Producer Price Index readings as the main trigger for the sudden change in flows. Those inflation prints prompted rapid repricing of inflation risk and reduced appetite for risk assets.

The inflation data showed gains in core inflation and core services inflation, measures that exclude volatile food and energy costs. Rising core measures suggest more persistent price pressures. While initial jobless claims remain low, reports of falling real wages and weakening consumer sentiment were cited as signs of strain in the economy.

Ecoinometrics said the market can treat the $1 billion exit as a reset if ETF flows stabilize. The firm added that continued outflows would indicate institutional demand is losing its ability to absorb macroeconomic headwinds at the same pace.

Coinbase analysts outlined conditions that could revive the liquidity-driven rally in digital assets: a sustained decline in inflation or clearer improvement in systemic liquidity. They noted that further increases in core or services inflation would likely keep yields elevated and constrain Bitcoin’s upside, while cooler inflation could restore expectations of easier monetary policy over time.

Traders and institutional investors are monitoring inflation readings and yield moves ahead of the Federal Reserve’s next decisions. For now, the recent outflow reflects a rapid shift in fund flows when inflation surprises to the upside, even as longer-term demand patterns for spot Bitcoin ETFs remain under observation.