US spot Bitcoin exchange-traded funds (ETFs) are facing their most sustained period of institutional friction this year. This year, the funds have logged six weeks of outflows amid macroeconomic uncertainty that is driving capital toward traditional safe havens. BlackRock, Fidelity Lead Bitcoin ETF Exodus Amid Macro Jitters Since the start of 2026, the funds have bled nearly $4. 5 billion, offset by just $1