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Bitcoin ETF sees $175 million net outflow in a single day, analysts: BTC may retreat to $40,000
Against the backdrop of decreased liquidity during the holiday season, US spot Bitcoin ETFs have once again experienced significant outflows. Data shows a single-day net outflow of $175 million, marking the fifth consecutive trading day of net outflows, reflecting cautious attitudes among institutional investors regarding short-term Bitcoin price movements.

According to Farside Investors data, this round of capital outflows is still led by BlackRock's iShares Bitcoin Trust (IBIT), which saw a net outflow of approximately $91.4 million on that day. Grayscale GBTC and Fidelity FBTC experienced outflows of about $24.6 million and $17.2 million, respectively. Spot Bitcoin ETFs from Bitwise, Ark 21Shares, VanEck, and Franklin Templeton also saw simultaneous capital withdrawals. As a result, the total net inflow of spot Bitcoin ETFs has fallen from $62.7 billion to approximately $56.8 billion.
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