Crypto ETFs Lose $530 Million in One Day as Bitcoin Falls Below $76,000 and Nasdaq Plunges

Money flowed out of US crypto funds on Thursday, wiping out the gains from the post election bounce. Spot Bitcoin ETFs saw $430 million leave, and Ether funds lost around $100 million, based on Blockto figures, as Bitcoin dropped under $75,500 and stocks sold off hard.

How Thursday’s ETF Outflows Compare With Wednesday

The reversal came one day after $128 million in combined inflows, when Bitcoin briefly passed $80,000 following Democratic election wins. The Nasdaq Composite then fell 5.5%, its worst day since April 2025, according to Reuters. Bitcoin ETFs are now down about $510 million for the year.

Fidelity and BlackRock Funds Lead Exits

Blockto data shows Fidelity’s Wise Origin Bitcoin Fund lost roughly $200 million after taking in about $237 million a day earlier. BlackRock’s IBIT shed another $105 million, its fifth straight session of withdrawals, with over $1 billion removed since Oct. 30.

Crypto analysts thinks Bitcoin could find a short term low on Friday, possibly after a dip under $75,000, and expects the Nasdaq to bottom at the same time.