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Bitcoin Chill: Bitwise’s BITB Faces Fresh Outflows as Price Slump Tests ETF Faith

Bitcoin Chill: Bitwise’s BITB Faces Fresh Outflows as Price Slump Tests ETF Faith

Bitcoin ETF Sees Investors Hit the Brakes as Outflows Mount

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Bitwise Bitcoin ETF Trust’s BITB recorded fresh outflows of $18.6 million on March 30, 2026, underscoring renewed caution around spot Bitcoin exposure. The redemption represents roughly 0.75% of the fund’s $2.47 billion in assets under management, a sizable single-day pullback that hints at mounting profit-taking and risk reduction among institutional holders.

The related asset, BTC-USD, is currently trading at $66,098.99 after a bruising three-month stretch in which it has slid about 24.61%. Short-term momentum remains weak, with the one-day technical signal flashing Sell, a backdrop that likely contributed to the latest redemption wave.

While BITB’s latest outflow is modest relative to overall AUM, it reinforces a broader narrative of sentiment cooling after last year’s exuberant inflows into spot Bitcoin products. Persistent technical pressure on Bitcoin prices may keep ETF flows choppy in the near term, as allocators weigh the appeal of buying the dip against the risk of a deeper drawdown in digital assets.

For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.

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