On Friday, Bitcoin ETFs in the United States closed the week with mixed results, ending on a slightly negative note overall. After a strong start earlier in the week, with BlackRock adding over $1.5 billion to its fund between Monday and Thursday, the firm did not make any additional purchases on Friday. This pause led to a slight outflow across all U.S. Bitcoin ETFs, with a net negative of $54.94 million, according to data from SoSoValue.
Despite the negative trend, Grayscale’s BTC fund stood out as the only fund to record inflows on Friday, bringing in $13.51 million. However, this gain wasn’t enough to offset the outflows seen in other ETFs.
Several funds recorded losses for the day. Fidelity’s FBTC saw the largest outflow, with $25.64 million exiting the fund, while ARK Invest’s ARKB followed closely, losing $24.13 million. Other funds that experienced outflows included VanEck’s HODL with $5.86 million, Bitwise’s BITB with $5.64 million, Grayscale’s GBTC losing $5.51 million, and Valkyrie’s BRR with an outflow of $1.66 million.
Meanwhile, some funds remained steady with no inflows or outflows reported. Invesco’s BTCO, Franklin & Templeton’s EZBC, and WisdomTree’s BTCW were among the funds that held their positions without changes for the day.
At the time of writing, Bitcoin was trading at $69,525 according to CoinMarketCap data