US spot Bitcoin ETFs have recorded $4.5 billion in outflows so far in 2026, mainly driven by macroeconomic uncertainty and Bitcoin's price struggles. Major funds like BlackRock's iShares Bitcoin Trust and Fidelity's Wise Origin Bitcoin Fund have seen significant withdrawals, reflecting a shift in institutional appetite toward safer assets such as gold. Despite the outflows, analysts highlight that Bitcoin ETFs still hold a historically strong cumulative inflow of $53 billion since launch, suggesting long-term bullish fundamentals.
