# Bitcoin ETFs See $236M Outflow as IBIT Leads Red Day

**Published:** 2026-09-02T08:59:16.834Z  
**Topic:** Bitcoin  
**Sentiment:** neutral  
**Publisher:** TrendWatcher — https://www.trendwatcher.in/article/77bbd3cf-4c9b-4cf6-bed6-83da453fe166

US spot Bitcoin ETFs recorded a $236 million outflow, with BlackRock's IBIT shedding $201 million. Bitcoin traded near $77,000, down 2% on the week.

U.S. spot Bitcoin exchange-traded funds (ETFs) experienced a net outflow of $236 million on Monday, driven largely by BlackRock's IBIT, which accounted for approximately $201 million of the withdrawals [2]. This marks a reversal after a period of net inflows for the broader group of Bitcoin ETFs, raising questions about sustained institutional interest [1, 2].

| At a glance | |
|---|---|
| Bitcoin ETF Outflow | $236 million [2] |
| IBIT Outflow | $201 million [2] |
| Bitcoin Price | $77,000 [2] |
| 24h Bitcoin Move | Down 0.96% [2] |

## ETF Flows Turn Negative

The $236 million outflow on Monday for U.S. spot Bitcoin ETFs follows a period where the group had seen net inflows, ending an eight-week streak of withdrawals that totaled over $8 billion [1, 2]. Fidelity's FBTC also contributed to the outflows, shedding $44 million, while Bitwise's BITB was the only fund to record an inflow, taking in $8 million [2]. The remaining nine Bitcoin ETFs saw no activity [2].

In contrast, other crypto ETFs remained in positive territory. Ether ETFs added approximately $11 million for the twelfth consecutive day, XRP funds saw $14 million in inflows, Solana funds $10 million, and Hyperliquid nearly $2 million [2].

## Bitcoin Price Action and Market Sentiment

Bitcoin's price slipped below $77,500, trading just above $77,000 as of Asian morning hours Wednesday, down about 2% on the week [2]. During the day, Bitcoin traded between $63,742 and $65,012, hovering around the $64,000 mark early Monday [1]. Solana and Zcash led 24-hour declines, each down roughly 3%, while XRP, Tron, and Dogecoin fell about 2% [2]. Bitcoin, Ether, BNB, and Hyperliquid remained relatively flat, within 2% of their previous levels [2].

Despite the ETF outflows, options traders have shown a more bullish stance, with Deribit noting 20,000 July 31 call spreads positioned between $70,000 and $72,000 [1]. Jean-David Péquignot, Deribit’s chief commercial officer, commented on "large blocks in BTC topside call spreads" [1].

## What to watch

*   **IBIT's next move:** Monitor whether BlackRock's IBIT records another day of outflows, as its significant contribution to recent movements suggests a single fund's rebalancing could influence overall ETF flow narratives [2].
*   **Broader ETF participation:** Observe if a third consecutive week of net inflows, driven by multiple funds rather than just IBIT, materializes, which would signal renewed institutional capital and a stronger recovery [1].
*   **Macroeconomic data and earnings:** Watch for U.S. new-home sales data on Friday and upcoming earnings from major tech firms, which could influence broader risk sentiment ahead of the Federal Reserve’s July 28-29 meeting [1].

The latest ETF outflows highlight the continued volatility in the Bitcoin market and the concentrated nature of recent fund movements, with BlackRock's IBIT playing a pivotal role in overall sentiment and flow direction [1, 2].

## Sources
1. Ts2 — [BlackRock's IBIT drives Bitcoin ETF recovery as competitors see...](https://ts2.tech/en/blackrocks-ibit-drives-bitcoin-etf-recovery-as-competitors-see-withdrawals/)
2. CoinDesk — [Live updates: BlackRock's IBIT drives $236 million bitcoin ETF outflow](https://www.coindesk.com/business/2026/09/02/live-updates-blackrock-s-ibit-drives-usd236-million-bitcoin-etf-outflow)

---
Cite as: TrendWatcher, "Bitcoin ETFs See $236M Outflow as IBIT Leads Red Day", https://www.trendwatcher.in/article/77bbd3cf-4c9b-4cf6-bed6-83da453fe166