Bitcoin ETFs: The Hottest New Trend That’s Already Over? 🥶

by

So, CryptoQuant, the on-chain data aggregator that’s basically the gossip columnist of the crypto world, has tweeted something rather alarming. Apparently, the once-hot Bitcoin ETFs are now about as exciting as a lukewarm cup of tea. 🫖

It seems institutional investors, those fickle creatures, might be losing interest in this shiny new asset that launched last year and promptly sucked up billions of dollars like a financial Dyson. 🤑

“Bitcoin ETF demand is cooling”

CryptoQuant shared an infographic that looks like a ski slope, showing a sharp decline in spot Bitcoin ETF inflows. Ki Young Ju, the company’s CEO and founder, added his two cents, saying that while the overall amount of assets under management in Bitcoin ETFs is plummeting, it’s basically a sign that institutional investors are pulling out faster than a teenager from a family dinner. 🏃‍♂️

But wait! He also mentioned that since ETFs only trade on weekdays, there’s no data on weekends. So, if you’re panicking, just remember: it’s not a full picture. Updates might also be delayed if companies take their sweet time refreshing their ETF data. 🕰️

ETF demand is cooling.

A sharp drop in Bitcoin spot ETF assets signals institutional outflows.

Watch this trend closely.

— CryptoQuant.com (@cryptoquant_com) April 14, 2025

Bitcoin ETFs lose $713 million in single week

Over the past week, ETFs experienced a major outflow of $713 million, with BlackRock’s IBIT fund losing $343 million — the largest outflows among Bitcoin ETFs. That’s enough to buy a small island, or at least a very fancy yacht. 🛥️

This might be due to growing investor concerns about the current economic instability, despite Bitcoin’s surge of 11.15% since Wednesday, April 9, when the BTC price soared from $76,210 to the $84,760 level, where it’s trading at press time. 📈

Last Friday, in particular, Bitcoin ETFs faced outflows of close to $200 million (2,359 BTC). BlackRock lost zero Bitcoins, but Fidelity, Invesco Galaxy, and Grayscale lost 938 BTC, 578 BTC, and 419 BTC, respectively. It’s like a crypto version of musical chairs, but with more zeros. 🎶

Apr 11 Update:

10 #Bitcoin ETFs
NetFlow: -2,359 $BTC(-$193.26M)🔴#Fidelity outflows 938 $BTC($76.89M) and currently holds 196,041 $BTC($16.06B).

9 #Ethereum ETFs
NetFlow: -22,749 $ETH(-$35.42M)🔴#Fidelity outflows 23,733 $ETH($36.95M) and currently holds 370,520…

— Lookonchain (@lookonchain) April 11, 2025

On Monday, April 7, the inflows from Bitcoin ETFs constituted $151.8 million, while BTC nosedived below $80,000. It’s like watching a rollercoaster, but with more existential dread. 🎢

Read More

2025-04-14 15:43