Bitcoin ETF outflows erase 38% of rebound; BTC dips under $63,000

US spot Bitcoin ETFs recorded $332 million in net outflows across four trading sessions through Aug. 13, removing about 38% of the $853 million in inflows the funds attracted the previous week. Bitcoin traded as low as $62,487 during the 24-hour window that included the outflows.

The four-session sequence included a $144.6 million withdrawal on Aug. 10, a $4.8 million inflow on Aug. 11, $61.1 million in outflows on Aug. 12 and $131.1 million in outflows on Aug. 13. After those moves the ETF group remained about $521 million net positive for the month to date.

On Aug. 13, two funds drew new cash while most others showed redemptions. Morgan Stanley’s Bitcoin Trust reported $7.1 million of inflows and Grayscale’s Bitcoin Mini Trust took in $38.9 million, a combined $46.0 million. Those inflows contrasted with $177.1 million of gross redemptions across seven other U.S. spot Bitcoin ETFs.

Largest withdrawals that session included ARK 21Shares’ Bitcoin ETF at $58.8 million and Fidelity’s FBTC at $55.1 million, together accounting for $113.9 million, or 64.3% of the gross outflows among funds showing redemptions. Grayscale’s flagship GBTC recorded a $36.3 million redemption, while the Mini Trust’s inflow left the manager’s two listed products $2.6 million positive on the day.

Other funds posting outflows included Bitwise’s BITB at $9.3 million, Invesco’s BTCO at $7.9 million, BlackRock’s IBIT at $5.7 million and WisdomTree’s BTCW at $4.0 million. BlackRock’s IBIT finished the session negative.

Market data show Bitcoin’s market capitalization near $1.26 trillion and 24-hour trading volume around $20.4 billion at the time the token traded near $62,487.

U.S. spot Bitcoin ETFs launched about a year earlier and have drawn large sums from institutional and retail investors. Daily inflows and outflows are routinely published and often move alongside short-term price changes.

Upcoming sessions will show whether capital continues to flow into a small number of funds while other products post redemptions or whether flows return to a broader pattern across the ETF complex.