• Bitcoin ETFs shed $166M as BTC heads for worst start in years Spot Bitcoin ETFs are approaching a five-week outflow streak, with $2.7 billion in net redemptions year-to-date, as BTC posts one of its weakest starts to a year. • Cointelegraph in your social feed Selling pressure in US-listed spot Bitcoin ETFs continued Thursday, with analysts noting the cryptocurrency is on track for one of its worst yearly starts. • Spot Bitcoin (BTC) ETFs saw $165.8 million in outflows Thursday, bringing weekly losses to $403.9 million,accordingto SoSoValue data. • The redemptions moved the funds closer to a possible five-week outflow streak, with year-to-date (YTD) losses totaling $2.7 billion. • Trading activity continued to shrink, falling 21% over the week and reaching its lowest levels since late December, signaling weakening investor activity. • Despite $53.9 billion in cumulative net inflows, analysts, including DropsTab,notedthat 2026 is shaping up to be “one of the worst yearly starts in Bitcoin’s history,” with BTC prices down about 22% year-to-date,accordingto TradingView data.
Article Summaries:
- Bitcoin spot‑ETF investors pulled $165.8 million from U.S.‑listed funds on Thursday, pushing weekly outflows to $403.9 million and bringing year‑to‑date losses to $2.7 billion. The bulk of the redemptions came from BlackRock’s iShares Bitcoin Trust (IBIT), which saw $368 million withdrawn, while Fidelity’s FBTC shed about $50 million. Trading volume fell 21 % over the week, the lowest since late December, signalling waning investor activity. Bitcoin itself is down roughly 22 % YTD, and analysts warn 2026 could be the cryptocurrency’s worst yearly start on record.
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