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Bitcoin spot ETFs saw $89.7M net outflows on April 28, led by BlackRock's IBIT fund withdrawals.

Market News
29 Apr 2026
Coincu
View Source
Bearish
pluang ai news

On April 28, Bitcoin spot ETFs experienced a net outflow of $89.7 million, with BlackRock's iShares Bitcoin Trust (IBIT) accounting for $112 million in withdrawals, the largest single-fund outflow that day. Despite IBIT's outflows, other Bitcoin ETFs collectively saw about $22.3 million in net inflows, partially offsetting the total outflow. This single-day event does not indicate a trend, as ETF flows are volatile and influenced by short-term trading activities. Investors should watch upcoming ETF flow reports and Bitcoin price movements for clearer signals on institutional sentiment.

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