U.S. Spot Bitcoin ETFs See $174M Pulled in One Day; Ether Funds Also Post Outflows

U.S. spot Bitcoin ETFs saw combined net outflows of $174 million on April 1, according to SoSoValue data. BlackRock's iShares Bitcoin Trust (IBIT) led the declines, with $86.52 million leaving the fund. Grayscale's Bitcoin Mini Trust ETF stood out as the only notable gainer, posting the largest single-day net inflow among spot Bitcoin ETFs at $10.25 million. Pressure also extended to Ethereum ETFs. Total net outflows reached $7.10 million on April 1, while BlackRock's iShares Ethereum Trust (ETHA) recorded $32.26 million in outflows, the biggest drop among the group.