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Bitcoin ETFs Bleed $643M After Binance Hack, Worst Day Since June

US spot Bitcoin ETFs saw their biggest daily outflow since June 25 on the first trading day after the Binance hack, leaving 2026 barely in positive territory.

Mia Chen

· 2 min read

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Bitcoin ETFs Bleed $643M After Binance Hack, Worst Day Since June
Image via CoinDesk

Key takeaways

  • Bitcoin ETFs lost $643 million in outflows on Friday.
  • It was the biggest single-day outflow since June 25.
  • Friday was the first trading day after the Binance hack.
  • Bitcoin's 2026 performance is now only barely positive.

Bitcoin ETFs lost $643 million on Friday. That's the largest single-day outflow since June 25, and the timing isn't subtle: it was the first trading day after the Binance hack.

What we know

The number comes from CoinDesk's reporting, which also says 2026 is now "barely green" for Bitcoin. In plain terms, the year's gains have almost vanished. The source doesn't say anything more about the hack itself, so I won't speculate on its size or cause.

What the data does show is straightforward. Investors yanked money out of the main regulated route into Bitcoin right after a major exchange security scare. It had been four months since an outflow this big.

Why it matters

ETF flows are a decent gauge of how jumpy institutional and retail money is. One day isn't a trend. Still, the heaviest outflow since the summer landing right on the heels of a headline hack suggests confidence took a real hit.

If you hold Bitcoin, watch Monday's flows. Do they repeat Friday's or reverse it? One bad day is noise. Two or three in a row start to look like a shift. And with the year's gains this thin, it wouldn't take much more selling to push 2026 into the red.

Source: CoinDesk

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#Bitcoin #Etf #Outflows #Binance #Hack

Mia Chen

Mia digs into DeFi and on-chain data, translating protocol mechanics into plain English for everyday readers.

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