Reports Put April 13 U.S. Bitcoin ETF Flows in the Red
On April 13 (ET), U.S. spot Bitcoin ETFs recorded about $291 million in net outflows, according to two secondary reports that cited ETF flow trackers. BingX said the tally was based on data compiled by Trader T, and Bloomingbit separately described the same session as a withdrawal day led by Fidelity and Ark.
TL;DR
- Fidelity’s FBTC led the reported redemptions with $229 million of net outflows.
- ARKB followed with $62.89 million, while IBIT, BITB, and MSBT still showed inflows.
- Bloomingbit separately matched the direction of the move and again identified Fidelity and Ark as the main drivers.
Fidelity and Ark led the withdrawals
$229 million left Fidelity’s FBTC and $62.89 million left ARKB in the BingX report. The same item also listed $38.25 million of outflows from GBTC, $11.03 million from BTC Mini, and $2.58 million from HODL.
Why the fund mix matters
The same BingX breakdown also showed $34.7 million of inflows into IBIT, plus $11.88 million into BITB and $6.28 million into MSBT, while all other products were flat. On that evidence, the session looks more like concentrated redemptions from a few funds than a one-direction exit across every U.S.-listed spot Bitcoin ETF.
That distinction matters because the net figure in the BingX item already includes offsetting subscriptions into IBIT, BITB, and MSBT. In other words, the published total describes the ETF group after both inflows and outflows were counted, not a market where every product moved in the same direction.
Bloomingbit separately reported a group total of $291.11 million in net outflows and likewise said Fidelity and Ark led withdrawals. That overlap does not replace first-party confirmation, but it does show that two published reports described the same direction of travel and the same biggest movers.
What can be said with confidence
The brief also included a single unverified reference to SoSoValue’s U.S. spot Bitcoin ETF page, so the figures here are presented as reported tracker data rather than as independently confirmed first-party numbers. For readers following how ETF flow headlines fit into a wider institutional-demand narrative, Kanalcoin has separately covered Bitcoin reclaims $74K as ETF demand meets miner selling, the Matrixport-linked whale’s 120,000 ETH and 700 BTC longs turn profitable, and Aave DAO Approves $25M Stablecoin Grant, Formalizes Revenue Model, but the only point established for this story is that the session was reported as a net outflow day.
Disclaimer: This article is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency and digital asset markets carry significant risk. Always do your own research before making decisions.