Bitcoin ETFs See $109M Outflow as BTC Drops Below $75K, Total $273M in 3 Days

• BTC ETF outflows total $273M over three sessions amid a price slump.
• Grayscale’s GBTC leads with $74M in redemptions on April 7.

Bitcoin ETFs saw continued outflows on Monday, shedding $109 million in a third straight day of redemptions. The exit coincided with a broader price dip, with BTC falling 11% to near $74,472. Trading volume rose sharply despite the asset pullback, showing ongoing market engagement. 

Grayscale’s GBTC Dominates Outflows Amid Broader Market Weakness

According to SoSoValue, spot Bitcoin ETFs in the U.S. recorded $109.21 million in net outflows on April 7. This marked the third trading day of capital exiting the sector. Grayscale’s GBTC accounted for most of the redemptions, losing $74.01 million on the day.

Spot Bitcoin ETF from April 1 to April 7 | Source: SoSoValue.

Invesco’s BTCO trailed with $12.86 million in withdrawals, followed by WisdomTree’s BTCW, which saw $6.23 million leave. VanEck’s HODL reported a $6.10 million reduction, while Valkyrie’s BRRR posted $5.32 million in outflows. ARK 21Shares’ ARKB completed the list with a $4.69 million decrease.

Six funds, including BlackRock’s IBIT and Fidelity’s FBTC, did not report any inflow or outflow activity. Despite the negative capital movement, Bitcoin ETF trading volume reached $6.59 billion, up from $4.43 billion last Friday. This suggests continued market activity, even as the total net assets dipped below $90 billion, closing at $87.86 billion.

Global Bitcoin ETPs also reflected the bearish mood, with $207 million in weekly outflows recorded between April 1 and April 7. With Monday’s figures included, the three-day cumulative U.S. ETF outflows total $273 million. The broader crypto market appeared to react to economic news, including updated tariff policies, which contributed to the sharp BTC price decline.

BTC Price Dips to $74K as Chart Reveals Repeated Selling Pressure

A recent analysis showed an initial drop from $87,482.44, followed by a short recovery to $83,644.81. A steeper climb reached $88,691.98, but the momentum quickly faded, and BTC entered a tight consolidation range.

Source: TradingView

The price dropped again, falling from $83,431.89 to a session low of $74,472.63. This level marked the deepest dip during the week and confirmed heavy market pressure. Following the decline, Bitcoin rebounded to just under $80,000 and entered a horizontal range.Resistance is currently near $80,000, while support remains closer to $74,000. The last notable swing high was $86,405.14, which now serves as a key short-term resistance barrier. The price action reflects cautious trading behavior as participants await clear signals on BTC’s next direction.

Disclaimer: This article is for informational purposes only and does not constitute financial advice. CoinCryptoNewz is not responsible for any losses incurred. Readers should do their own research before making financial decisions.