During the volatile week ending on April 26, 2024, Bitcoin Spot ETFs in the United States experienced notable changes in net flows. Following substantial fluctuations, these ETFs encountered a significant outflow of $328 million for the week. The timing of this outflow coincided with a decline in Bitcoin prices, potentially influencing this financial shift.

The initial days of the week painted a positive picture, with $62.02 million in net inflows observed in various Spot BTC ETFs. Notably, Fidelity's FBTC received a considerable one-day net inflow of $34.83 million, while Grayscale's GBTC recorded a net outflow of $34.99 million. BlackRock's IBIT Bitcoin ETF also saw an additional $19.4 million influx during this period.

On Tuesday, April 23, upbeat news continued with net inflows of $31.6 million into Bitcoin ETFs, highlighting a bullish trend. While Grayscale experienced notable withdrawals on the same day, BlackRock's IBIT and Ark 21Shares' ARKB drove considerable inflows.

By Wednesday, April 24, a shift occurred, marked by increased trade volumes alongside $120 million in net withdrawals. The most substantial outflow was observed in Grayscale's GBTC, whereas Fidelity's FBTC saw significant net inflows.

In the following days, Bitcoin ETFs collectively saw record outflows totaling $217 million on Thursday, April 25. Reflecting this trend, Grayscale's GBTC faced the highest withdrawals, with substantial outflows also noted in other ETFs.

On Friday, April 26, the $83.6 million outflow continued, albeit at a slower pace for Grayscale's GBTC compared to earlier days. Among ETFs, Ark 21Shares' ARKB was the sole recipient of inflows, with a modest $5.4 million inflow into its Bitcoin ETF. The week concluded with a substantial total outflow of $328 million.