Bitcoin Spot ETFs in the United States saw a significant outflow of $328 million in the week ending April 26, 2024, according to Farside Investors' report.

Initially, there were net inflows of $62.02 million, with GBTC experiencing outflows and FBTC gaining $34.83 million, while IBIT had an inflow of $19.4 million.

On Tuesday, April 23, data from Farside UK indicated net Bitcoin ETF inflows of $31.6 million, with IBIT and ARKB leading the way. However, Wednesday witnessed net outflows of $120 million, primarily driven by GBTC.

On Thursday, outflows escalated to $217 million across all 10 Spot Bitcoin ETFs, with GBTC leading with a $140 million outflow. Friday continued to show outflows, totaling $83.6 million, except for ARKB, which saw an inflow of $5.4 million.

Investor concerns heightened due to a crypto market sell-off and the DTCC’s new collateral valuation rules for BTC ETFs, leading to unease. These events indicate a turbulent period for Bitcoin ETFs, potentially affecting broader market sentiment.

The situation remains uncertain, with possible reversals in ETF flows anticipated as Bitcoin encounters increased volatility and potential downward trends.