Bitcoin ETFs lose $1.26B as crypto ETF flows rotate toward altcoins

US spot Bitcoin ETFs saw $105.2 million in outflows on Friday, extending a six-day losing streak. Year-to-date 2026 net inflows fell to $536 million, leaving the market close to net outflows for the year. BlackRock’s IBIT and Fidelity’s FBTC led the redemptions, while IBIT still holds the largest share of inflows. Morgan Stanley’s new Bitcoin Trust ETF has gathered $264 million, and a planned Truth Social Bitcoin product appears to have been withdrawn.
AI Analysis
The summary reports sustained ETF outflows, shrinking year-to-date inflows, and the market nearing net negative flows for the year, which is directly relevant to Bitcoin demand. The presence of large ETF redemptions makes this a meaningful short-term market signal.