##  [# Bitcoin ETF Outflows Hit $1.5B as Price Retreats](/sections/news/bitcoin-etf-outflows-hit-15b-price-retreats) 

 

# Bitcoin ETF Outflows Hit $1.5B as Price Retreats

 

 

Institutional players remain committed to bitcoin despite recent outflows, as the cryptocurrency retreats from its record high.



 

 

 

 

 [![DJ](/sites/default/files/styles/author_image_icon/public/2024-07/5.png?itok=LA-jevm_)](/authors/dj-shaw) 

[By DJ Shaw ](/authors/dj-shaw)

 Dec 26, 2024

 Edited by: Kiran Aditham

 

 

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[Bitcoin](/topics/bitcoin) exchange-traded funds faced more than $1.5 billion in net outflows over the past four days, even as institutional interest in cryptocurrency remains strong.

This shift in fund flows comes as bitcoin currently trades around $96,000, marking an 11% decline from its all-time high of $108,268 set earlier this month, according to [data](https://coinmarketcap.com/currencies/bitcoin/) from CoinMarketCap.

For investors, these outflows signal caution as bitcoin posts its first weekly decline since Trump's election victory, while the Federal Reserve's recent messaging on inflation and interest rates has reshaped market expectations.

Despite the broader market retreat, institutional adoption continues to expand. [MicroStrategy](/stock/MSTR) announced a $561 million acquisition of 5,262 bitcoins purchased in December at an average price of $106,662, according to a [filing](https://assets.contentstack.io/v3/assets/bltb564490bc5201f31/blt0ec5bb8a309ff033/67695cb1b1ed3c2aa7dc573e/form-8-k_12-23-2024.pdf) with the Securities and Exchange Commission. The company now holds 444,262 bitcoins, purchased at an aggregate price of around $27.7 billion.

## Bitcoin ETF Market Trends

BlackRock's [**iShares Bitcoin Trust (IBIT)**](/ibit) saw its largest single-day outflow of $188.7 million on Tuesday, bringing its four-day total withdrawal to $229.7 million, according to [data](https://farside.co.uk/btc/) from the U.K.-based asset manager Farside Investors

The [**Fidelity Wise Origin Bitcoin Fund (FBTC)**](/fbtc) led the four-day outflows with $509.6 million in withdrawals, while the [**ARK 21Shares Bitcoin ETF (ARKB)**](/arkb) lost $286.1 million during the period, according to Farside.

[**Grayscale's Bitcoin Trust ETF (GBTC)**](/gbtc) and [**Bitcoin Mini Trust (BTC)**](/btc), meanwhile, recorded combined outflows of $372.1 million over the four days, Farside reports.

The [**Bitwise Bitcoin ETF (BITB)**](/bitb) and [**VanEck Bitcoin ETF (HODL)**](/hodl) experienced outflows of $58.8 million and $13.5 million, respectively, over the four-day period, based on Farside's data.

The [**Franklin Bitcoin ETF (EZBC)**](/ezbc) stood out as the only fund recording positive flows, adding $5.6 million during the period, according to Farside.

Year-to-date flows show IBIT leading with $37.1 billion in inflows, while FBTC has attracted $11.7 billion, according to Farside data. GBTC has seen $21.3 billion in outflows since its conversion from a trust structure.

[![iShares Bitcoin Trust YTD Fund Flows](/sites/default/files/inline-images/image_346.png)](/ibit) 
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 [ DJ Shaw Finance Reporter ](/authors/dj-shaw) 

 

 

  A graduate of The University of Texas, Arlington with a BA in Communications, DJ has covered retirement plans, mortgage news, and financial advisor…   [View Bio](/authors/dj-shaw)

 



 

 


 Related Topics  [Bitcoin](http://www.etf.com/topics/bitcoin) 

 [Crypto](http://www.etf.com/topics/cryptocurrency)