US spot Bitcoin ETFs post $263M outflow, snapping 9-day inflow run

US spot Bitcoin ETFs logged $263 million in net outflows, ending a nine-day streak of inflows that had brought in more than $1.1 billion of new capital. Fidelity's FBTC led the selling with about $150 million in redemptions, while Grayscale and ARK Invest's ARKB also saw sizable withdrawals. Outflows spread to Ethereum as well. Spot ETH ETFs lost $50.48 million, with BlackRock's ETHB the only fund to post net inflows. The reversal came even as trading volumes across the ETF complex remained elevated, pointing to profit-taking after Bitcoin's strongest April rally since 2020 rather than broad capitulation. Markets now turn to the week ahead to gauge whether the move reflects rotation or a deeper shift, with Hormuz-related tensions, FOMC commentary, and Q1 megacap earnings in focus.