The United States’ spot Bitcoin exchange-traded funds (ETFs) faced a challenging week, with over $1.2 billion in total outflows as Bitcoin prices tumbled.

Despite the decline in institutional inflows, Charles Schwab says investor engagement with crypto-related products is rising, reflecting a growing interest among retail and institutional clients in digital assets.

Heavy outflows hit Bitcoin ETFs

Data from SoSoValue shows that the eleven US-listed spot Bitcoin ETFs collectively recorded $366.6 million in outflows on Friday, closing out a negative week for both the products and the broader cryptocurrency market.

The largest withdrawal came from BlackRock’s iShares Bitcoin Trust (IBIT), which lost $268.6 million in a single day.

Fidelity’s Wise Origin Bitcoin Fund (FBTC) also saw substantial redemptions totaling $67.2 million, while Grayscale’s GBTC experienced $25 million in outflows. A smaller withdrawal was reported from the Valkyrie Bitcoin ETF, while the remaining funds saw no activity on Friday.

In total, spot Bitcoin ETFs in the US witnessed $1.22 billion in outflows over the past week, with only one day—Tuesday—showing minor inflows.

The downturn coincided with sharp declines in Bitcoin’s price, which fell from above $115,000 on Monday to just below $104,000 on Friday, marking a four-month low.

The steep decline highlights how sensitive institutional products remain to Bitcoin’s price movements, with ETF investors appearing to pull back amid growing market uncertainty.

Charles Schwab reports rising engagement in crypto products

While ETF redemptions signal cooling sentiment among some investors, Charles Schwab remains optimistic about the long-term potential of digital asset investment products.

Speaking on CNBC, CEO Rick Wurster revealed that Schwab’s clients now hold 20% of all crypto exchange-traded products (ETPs) in the US.

He added that interest in crypto has grown substantially over the past year, with visits to the company’s crypto-related webpages up 90%.

“Crypto ETPs have been very active,” Wurster said, emphasizing that the topic continues to draw high engagement from investors.

ETF analyst Nate Geraci noted that Schwab’s large brokerage platform positions it well to capture future demand.

The firm already offers crypto ETFs and Bitcoin futures and plans to launch spot crypto trading for clients in 2026, signaling a long-term commitment to the sector even amid short-term volatility.

Bitcoin faces rare October downturn

October, historically one of Bitcoin’s strongest months, has so far delivered disappointing results.

Data from CoinGlass shows that Bitcoin has gained in ten of the past twelve Octobers, but this year, the asset is down 6% month-to-date.

Despite the slump, some market analysts remain hopeful that the trend of “Uptober” could return in the second half of the month.

Many point to the potential for Federal Reserve rate cuts later this year as a catalyst that could reignite demand for risk assets, including Bitcoin.

For now, however, the combination of ETF outflows, price pressure, and macroeconomic uncertainty has weighed heavily on crypto sentiment—leaving investors to watch whether the coming weeks can reverse October’s red start.

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US Bitcoin ETFs see $1.2 Billion in weekly outflows

Source: https://coinjournal.net/news/us-bitcoin-etfs-see-1-2-billion-in-weekly-outflows/

Bitcoin investment products saw a sharp rise in institutional inflows last week, reversing a two-week trend of capital flight.

Between 9 and 13 June, BTC-backed exchange-traded funds (ETFs) recorded $1.37 billion in net inflows, marking their first positive weekly performance since late May.

The turnaround in sentiment came despite sluggish price action early in the week, suggesting a shift in investor behaviour driven by price recovery and growing appetite for digital assets in traditional markets.

The resurgence in inflows reflects how closely institutional participation remains tied to BTC’s price performance.

While the early part of the week saw subdued demand due to Bitcoin trading flat below $106,000, the mood shifted rapidly once the coin rebounded.

By 13 June, BTC had crossed the $106,000 mark and closed the week strong, leading to a fresh wave of capital inflow across ETF markets.

The momentum saw BTC ETFs absorb more than $1 billion in new funds, underscoring the growing confidence among institutional players.

Derivatives market shows signs of caution

Despite the uptick in spot ETF activity and Bitcoin’s 1% price gain on Monday, the derivatives market paints a more cautious picture.

As of writing, Bitcoin trades at $106,994, with a 19% rise in 24-hour trading volume.

However, futures open interest—a key metric tracking unsettled contracts—has declined nearly 10% since 10 June, now standing at $69.39 billion.

This decline signals that many traders are closing out or refraining from entering new leveraged positions.

In times of heightened uncertainty or weak price conviction, such a move often reflects a risk-off attitude.

Lower open interest can also indicate reduced market participation, which typically leads to lower volatility but also dampens bullish momentum.

The disconnect between ETF inflows and derivative activity points to a mixed outlook.

While long-term holders and institutions appear more confident in Bitcoin’s trajectory, short-term speculators remain wary of potential pullbacks or broader market corrections.

Sensitivity to BTC price remains high

The interplay between ETF inflows, derivative markets, and on-chain sentiment suggests that Bitcoin remains highly sensitive to price signals.

The dramatic reversal in ETF participation shows that institutional capital flows are still reactive to near-term performance.

A firm close above a psychological resistance level like $106,000 can, therefore, unlock substantial inflows, even after short periods of consolidation or outflows.

Conversely, the subdued activity in the futures market and rising demand for puts shows that not all market participants are convinced of a sustained rally.

This divergence highlights a broader trend in the crypto markets, where long-term conviction and short-term caution often coexist.

For now, Bitcoin has managed to recapture institutional attention, at least in the spot ETF space.

Whether this trend can sustain itself amid mixed signals in the derivatives sector will depend on how BTC performs in the coming weeks—particularly whether it can defend the $106,000 level and regain broader market confidence.

The post US Bitcoin ETF inflows hit over $1.3 billion last week appeared first on CoinJournal.

US Bitcoin ETF inflows hit over $1.3 billion last week

Source: https://coinjournal.net/news/us-bitcoin-etf-inflows-hit-over-1-3-billion-last-week/