Over the past week, Bitcoin’s price faced challenges, reflected in its ETF market, where Bitcoin spot ETFs experienced their first net outflows in a month. Prior to this trading session, these investment funds had enjoyed a four-week bullish run, leading to a total net inflow of $2.21 billion. Data reveals that the total trading activity across the 12 Bitcoin Spot ETFs experienced a negative inflow of $296.18 million in the last week. This development marks the seventh weekly outflow of 2026 and the fifteenth since the onset of the crypto bear market in October 2025. A daily analysis reveals that the net withdrawal performance is closely tied to consecutive outflows on Thursday and Friday, collectively amounting to more than $396 million. The $225.48 million outflow recorded on Friday marks the largest net outflow for the market since March 3rd.
In examining the performance of individual funds, BlackRock IBIT faced the most significant net redemptions, totaling $158.07 million. In the latest developments, Grayscale’s GBTC, Bitwise’s BITB, and Ark/21 Shares ARKB collectively reported a total netflow of $169.26 million. ETFs like Grayscale’s BTC and VanEck’s HODL recorded net withdrawals of $5.45 million and $10.28 million, respectively, reflecting slight impacts on the overall market’s downturn. In contrast, Fidelity’s FBTC saw the sole recorded net inflow, amounting to $46.88 million. Other ETFs, including Invesco’s BTCO, Valkyrie’s BRRR, Wisdom Tree’s BTCW, Franklin Templeton’s EZBC, and Hashdex’s DEFI, reported zero weekly net flows. At press time, the Bitcoin Spot ETF has recorded a cumulative total net inflow of $55.93 billion, alongside total net assets amounting to $84.77 billion.
In the latest developments, it has come to light that the American banking powerhouse Morgan Stanley has submitted an application to introduce its own Bitcoin spot ETF, designated by the ticker MSBT. Analyst Eric Balchunas reports that the proposed fund is set to feature the lowest fee in the market at 0.14%, slightly under Grayscale’s 0.15%. If the SEC gives its approval, MSBT will mark the first Bitcoin spot ETF to be directly listed by a US bank.
Morgan Stanley stands out as a prominent player in the financial services sector globally, boasting an impressive $1.9 trillion in assets under management and a market capitalization of $251 billion. In separate news, Ethereum ETFs have continued their downward trend for a second week in a row, experiencing weekly net withdrawals totaling $206.58 million. As of now, the cumulative total net inflow for the Ethereum spot market stands at $11.52 billion, with total net assets valued at $11.33 billion.