Bitcoin ETFs Face Persistent Withdrawals Amid Market Uncertainty Bitcoin ETFs have endured five consecutive weeks of outflows, totaling $5.4 billion. BlackRock and Fidelity funds led the losses, with $338.1 million and $307.4 million withdrawn, respectively. These withdrawals coincide with an 11.95% drop in Bitcoin’s price over the last month, signaling waning investor confidence in cryptocurrency funds.1