{"id":583362,"date":"2026-04-14T10:39:33","date_gmt":"2026-04-14T10:39:33","guid":{"rendered":"https:\/\/Blockchain.News\/news\/bitcoin-etfs-291m-outflows-btc-74k-high"},"modified":"2026-04-14T10:39:33","modified_gmt":"2026-04-14T10:39:33","slug":"bitcoin-etfs-bleed-291m-despite-btc-hitting-four-week-high-above-74k","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2026\/04\/14\/bitcoin-etfs-bleed-291m-despite-btc-hitting-four-week-high-above-74k\/","title":{"rendered":"Bitcoin ETFs Bleed $291M Despite BTC Hitting Four-Week High Above $74K"},"content":{"rendered":"
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Iris Coleman<\/a> Apr 14, 2026 10:39<\/span> <\/p>\n

Fidelity’s FBTC led Monday’s $291M Bitcoin ETF outflows while BlackRock extended its inflow streak to four days. What’s driving the divergence?<\/p>\n

\"Bitcoin <\/a> <\/figure>\n

Spot Bitcoin<\/a> ETF<\/a>s hemorrhaged $291 million on Monday even as BTC rallied 5% to breach $74,000 for the first time in four weeks\u2014a divergence that reveals just how fractured institutional sentiment has become.<\/p>\n

The outflows, the largest single-day exodus since March 27 according to SoSoValue data, were dominated by one fund: Fidelity’s Wise Origin Bitcoin Fund (FBTC) accounted for $229 million of the selling. That’s nearly 79% of the day’s total redemptions coming from a single product.<\/p>\n

BlackRock Swimming Against the Tide<\/h2>\n

Here’s where it gets interesting. While Fidelity investors headed for the exits, BlackRock’s iShares Bitcoin Trust quietly extended its inflow streak to four consecutive days, pulling in roughly $35 million on Monday. Total inflows over that stretch: $482 million.<\/p>\n

Morgan Stanley’s newly launched Bitcoin Trust ETF (MSBT) has also defied the broader trend, attracting approximately $68 million since its April 8 debut.<\/p>\n

The concentration of outflows in specific funds rather than broad-based selling suggests this isn’t panic\u2014it’s repositioning. Some large holders are clearly taking profits on the rally while others are building positions.<\/p>\n

The Numbers That Matter<\/h2>\n

With Monday’s losses, spot Bitcoin ETFs have flipped negative year-to-date, now sitting at roughly $160 million in cumulative outflows for 2026.<\/p>\n

Ether ETFs told a different story, recording $9.4 million in inflows and extending their winning streak to three days totaling around $160 million. XRP funds added a modest $1.5 million while Solana products saw zero activity.<\/p>\n

Bitcoin currently trades at $74,543 as of Tuesday morning, down about 1% over 24 hours after Monday’s surge. The Crypto Fear & Greed Index crawled above 20 for the first time since March 19\u2014still firmly in “extreme fear” territory, but showing signs of thawing.<\/p>\n

What Needs to Happen Next<\/h2>\n

CryptoQuant analysts are flagging a critical missing ingredient for sustained upside: derivatives market participation. Open interest needs to climb to confirm this rally has legs beyond spot buying.<\/p>\n

Key levels to watch: resistance clusters around $75,000-$76,000, with support established in the $70,000-$72,000 range. Some analysts remain cautious, warning BTC could still retest $50,000 before any durable trend emerges.<\/p>\n

The ETF flow divergence between Fidelity and BlackRock bears monitoring. If BlackRock’s streak continues while Fidelity stabilizes, that would signal the profit-taking wave has run its course. Another day of concentrated FBTC outflows? That’s a different conversation entirely.<\/p>\n

Image source: Shutterstock<\/i><\/span> Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Iris Coleman Apr 14, 2026 10:39 Fidelity’s FBTC led Monday’s $291M Bitcoin ETF outflows while BlackRock extended its inflow streak to four days. What’s driving the divergence? Spot Bitcoin ETFs hemorrhaged $291 million on Monday even as BTC rallied 5% to breach $74,000 for the first time in four weeks\u2014a divergence that reveals just how […]<\/p>\n","protected":false},"author":1,"featured_media":583363,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[1182,544,118,256,24263,25],"class_list":{"0":"post-583362","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-blockchain","8":"tag-bitcoin-etf","9":"tag-blackrock","10":"tag-btc","11":"tag-fidelity","12":"tag-institutional-flows","13":"tag-news"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/583362","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=583362"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/583362\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/583363"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=583362"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=583362"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=583362"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}