In 2026, how long did bitcoin funds lose investors, and what happened to price?

"During the six months ended June 30, 2026, the Trust's net assets decreased from $3,367,050 on December 31, 2025 to $2,125,612 on June 30, 2026."

"Net realized and change in unrealized loss on investment in bitcoin for the period resulted primarily from bitcoin price depreciation from $87,315.53 on December 31, 2025 to $67,831.76 on March 31, 2026."

"The Trust’s net cash flow provided by (used in) financing activities was $39.9 million and $(218.0) million during the three months ended March 31, 2026 and 2025, respectively."

"October net outflows now total $407.4 million for Bitcoin ETFs"

"The decrease in the Trust's net assets resulted primarily from dispositions of approximately (40) bitcoin to pay the Sponsor Fee, and approximately (11,602) bitcoin for the redemption of Shares"

"Dispositions were partially offset by additions to the Trust of approximately 6,965 bitcoin with a value of $558,561 in connection with Share creations during the period."

"This included $55.1 million and $28.4 million from Shares purchased by Authorized Participants and $15.2 million and $246.4 million from Shares redeemed by Authorized Participants during the three months ended March 31, 2026 and 2025, respectively."

"Net realized and change in unrealized loss on investment in bitcoin for the period resulted primarily from bitcoin price depreciation from $87,315.53 on December 31, 2025 to $58,605.41 on June 30, 2026."

"Bitcoin traded lower during the first quarter of 2026, resulting in negative performance for the Trust."

"Net decrease in net assets resulting from operations for the three months ended March 31, 2026 was $(768,656), which consisted of the net realized and unrealized loss on investment in bitcoin, $1 in investment income, less the Sponsor Fee of $(1,467)."

"Net realized and change in unrealized loss on investment in bitcoin for the period resulted primarily from bitcoin price depreciation from $67,831.76 on March 31, 2026 to $58,605.41 on June 30, 2026."

"For the three months ended March 31, 2026, the Exchange market value of each Share decreased from $87.20 per Share to $67.44 per Share."

"As of March 31, 2026, the Trust held a net closing balance of 37,600.7094 bitcoin with a total market value of $2,550,522.301"

"Bitcoin (BTC) ETF flows turned uneven in the first six U.S. trading sessions of October, leaving a $407.4 million cumulative net outflow through Oct. 8"

"The mixed flow pattern leaves ETF demand moving in different directions across individual sessions rather than providing a consistent stream of capital."

"The daily gain followed a combined $678.9 million outflow across the previous five trading sessions."

"Three consecutive months of ETF accumulation had supported Bitcoin's recovery."

"a $21 million inflow on October 9 marked the first positive day since October 6."

"Bitcoin (BTC) Spot ETFs Pulled $3.7B Over 8 Weeks After 4 Months of Outflows"

"Bitcoin's price dropped from $86,480 to $82,546 over the week, tracking the ETF outflows."

"experienced net outflows on 93 of 190 trading days in 2026"

"Wednesday, Oct. 7, saw a big $484.9 million in net withdrawals, and was the worst trading day of the week."

"Friday brought some relief, as Bitcoin ETFs returned to positive territory with $21.1 million in net inflows."

"with $487 million withdrawn from the funds on October 7, an amount that was over five times the outflow on October 5"

"institutions may be buying the dip following a particularly poor June, which saw billions in net outflows from spot Bitcoin funds."

"Bitcoin ETFs lost $120 million on September 9, snapping a run of three consecutive positive sessions that had itself followed the September 8 outflow."

"After massive dips early in the year and again in late May 2026, Bitcoin's price has yet to recover."

"Fidelity’s FBTC led outflows with $125.6 million, followed by Bitwise’s BITB at $13.6 million, while BlackRock’s IBIT saw $9.5 million leave, ending its own nine-day, $1.6 billion run."

"This category of ETF recorded nearly $1 billion in net inflows over about a week in mid-July, marking the strongest streak so far this year."

"despite a difficult stretch in June, U.S. spot Bitcoin exchange-traded funds (ETFs) are seeing inflows pick up once again."

"The quarter reversed roughly $5 billion of second-quarter net outflows, and bitcoin gained 42.71% over the period, per CoinGlass."

"The week's outflows reversed a strong August start that had produced $521.5 million in net inf"

"Several forces converge to explain Bitcoin's current $62,000–$65,000 trading band."