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Points of Focus
- Bitcoin traded at $62,771 after slipping below $63,000, with a session low near $62,648.
- Spot Bitcoin ETFs posted $131.1 million in Aug. 13 outflows, taking four-session withdrawals to $329 million.
- ARKB, FBTC, and GBTC led the exits, though Aug. 3-13 flows remain $536.3 million net positive.
Bitcoin (BTC) traded at $62,771 on Friday after slipping below $63,000, down about 3.2% from its Aug. 7 close of $64,873.89. The decline came as US spot Bitcoin exchange-traded funds (ETFs) recorded $131.1 million in net outflows on Aug. 13, extending a sharp reversal in fund demand. BTC fell as low as $62,648, putting $63,000 back in focus as the first near-term level to reclaim.
Bitcoin ETF outflows reverse last week’s demand
Farside Investors data shows US spot Bitcoin ETFs attracted $865.3 million between Aug. 3 and Aug. 7. The next four trading sessions changed that pattern: $144.6 million left on Aug. 10, flows turned positive by $7.8 million on Aug. 11, then outflows reached $61.1 million on Aug. 12 and $131.1 million on Aug. 13.
The four-session balance now stands at roughly $329.0 million in net outflows. Those withdrawals have erased about 38% of the previous week’s inflows. Across Aug. 3 to Aug. 13, the funds remain $536.3 million net positive, showing that the four-session reversal has not erased the previous week’s demand.
Bitcoin Spot ETFs Recorded $131M in Net Outflows on August 13
On August 13 (ET), U.S. spot Bitcoin ETFs recorded $131 million in total net outflows, led by ARK Invest and 21Shares’ ARKB with $58.82 million in net outflows. U.S. spot Ethereum ETFs recorded $6.72 million in total… pic.twitter.com/qlzoMoZyB9
— Wu Blockchain (@WuBlockchain) August 14, 2026
ARKB, FBTC, and GBTC lead broad ETF selling
The Aug. 13 total was spread across several large funds. ARK 21Shares’ ARKB lost $58.8 million, Fidelity’s FBTC shed $55.1 million, and Grayscale’s GBTC recorded $36.3 million in outflows. BlackRock’s IBIT lost $5.7 million, while Grayscale’s BTC fund added $38.9 million.
Seven funds recorded negative flows that day. The spread makes the session broader than a one-fund withdrawal, with several major issuers recording redemptions on the same day.
Bitcoin’s price loses its short-term breakout
Bitcoin’s price structure weakened alongside the ETF flow reversal. FactSet data showed BTC closed Aug. 7 at $64,873.89, above its 50-day moving average (MA) and a downtrend line that had capped earlier rallies. By Aug. 12, Bitcoin had moved back below both levels.
At $62,771, BTC sits close to Friday’s $62,648 intraday low. A move back above $63,000 would recover the level lost during the latest decline, while $64,600-$64,900 marks the area around last week’s failed breakout.
US spot Bitcoin ETFs have lost $329 million over the latest four sessions, while their Aug. 3-13 balance remains $536.3 million net positive.
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