Spot Bitcoin (CRYPTO: BTC) ETFs extended their losing streak Tuesday, as investors pulled another $333.7 million from U.S.-listed funds, marking the seventh consecutive day of net outflows.

Why Bitcoin ETFs Are Seeing Outflows

According to SoSoValue data, BlackRock's (NASDAQ:IBIT) led the withdrawals with $192.4 million in outflows. Fidelity's (NYSE:FBTC) lost $57.7 million, while Grayscale's GBTC shed another $41.3 million.

The seven-day streak has now erased roughly $1.88 billion from spot Bitcoin ETF products marking the longest run of outflows since December 2025. ETF outflows for the past two consecutive weeks stand at around $2.3 billion.

Analysts pointed to a mix of macro uncertainty, portfolio repositioning and renewed appetite for AI stocks.

"The ETF outflow streak actually shows that Bitcoin has increasingly become a fully institutionalized macro-risk asset," Jeff Ko, chief analyst at CoinEx told The Block.

BTSE COO Jeff Mei added that capital may be rotating into AI-linked equities as traders chase clearer upside catalysts outside crypto.

He also warned uncertainty around Federal Reserve policy and inflation continues to pressure crypto flows.

IBIT Whale Draws Attention

Despite the bearish ETF flow data, one trade caught Wall Street's attention.

Bloomberg ETF analyst Eric Balchunas flagged a bulk transaction involving 29.2 million IBIT shares on Tuesday. The trade helped push total Bitcoin ETF trading volume to $4.4 billion, the highest level since April 17.

Balchunas noted Bitcoin's price barely moved during the transaction, signaling the market absorbed the order without major disruption.

Ko called that a bullish sign for institutional adoption.

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