Bitcoin spot ETFs see $89.6M outflow, BlackRock leads with $112M
Bitcoin spot ETFs experienced significant outflows, totaling $89.68 million on April 28, with BlackRock's IBIT leading the decline at $112 million. The likelihood of Bitcoin reaching $80,000 in April has decreased to 14.5%, reflecting traders' bearish sentiment. Additionally, Ethereum ETFs also saw a $21.8 million outflow, indicating a broader trend in the market.
- ▪Bitcoin spot ETFs had net outflows of $89.68 million on April 28.
- ▪BlackRock's IBIT accounted for $112 million of the total outflows.
- ▪The probability of Bitcoin reaching $80,000 in April dropped to 14.5% from 26% the previous day.
- ▪Ethereum ETFs also experienced a $21.8 million outflow on the same day.
- ▪Expectations for Bitcoin reaching $200,000 by the end of 2026 have decreased to 4.8%.
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<img src="https://static.cryptobriefing.com/wp-content/uploads/2026/04/03113455/btc-fink-interview-800x419.jpg" alt="Bitcoin spot ETFs see $89.6M outflow, BlackRock leads with $112M" class="w-full aspect-[19/10] object-cover" /> Bitcoin spot ETFs see $89.6M outflow, BlackRock leads with $112M Bitcoin Price Targets Share Add us on Google by Estefano Gomez Apr. 29, 2026 Bitcoin spot ETFs saw net outflows of $89.68 million on April 28, with BlackRock’s IBIT accounting for $112 million of the total. The likelihood of Bitcoin reaching $80,000 in April now sits at 14.5%, down from 26% yesterday. ## Market reaction Traders are treating these outflows as a bearish signal. Odds for Bitcoin reaching $80,000 in April dropped 37 points at 12:23 PM.
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