Bitcoin ETF Realized Profit and Loss
When Bitcoin left the funds, was it at a profit or a loss?
Coins leave a fund when people cash out. This is what those coins had gained or lost.
Profit taken as coins left the funds, each day
Dollars locked in each day by coins leaving the funds above what they cost. A day with no bar has no figure. Estimates. No fund publishes what it paid. This is worked out from the money going in and the price on the day it arrived, so treat it as close rather than exact.
Inspect and compare dates
Pick two dates to compare what coins leaving the funds locked in on each day.
| Measure | Change | ||
|---|---|---|---|
| Profit taken | $374K | $19.43K | −$354.57K |
Right now
More was lost than gained: coins leaving the funds over the past month locked in about $172 million of profit and $230 million of losses.
What left the funds over the past month?
The 30 days to Sep 22, 2026.
Profit taken
Locked in by coins leaving above what they cost.
Losses
Given up by coins leaving below what they cost.
Coins moved
Coins that left. Leaving is not always selling.
About 19,492 BTC left the funds over those 30 days.
How much of this can we see?
We can see a buy price for 89% of the coins the Bitcoin fund group holds.
Understanding
Bitcoin ETF Realized Profit and Loss
Where it stands today
Over the past month, coins leaving the US Bitcoin ETFs locked in about $172 million of profit and $230 million of losses as of .
About 19,492 BTC left the US Bitcoin ETFs over the past month as of .
Coins leave a fund when people cash out their shares: the fund gives up coins to pay them. Each coin that leaves has either gained or lost against what the funds paid for it. Realized profit is the gain locked in when a coin leaves above its cost, and realized loss is the loss locked in when it leaves below.
The Coins moved tab counts the Bitcoin that left the funds each day, in BTC. Leaving is not always selling on the open market, so read it as coins going out of the funds rather than coins sold.
A month with more losses than profit means the coins going out, taken together, had been bought at a higher price than the day they left. It says what happened to the coins that left, not what the funds are still holding: that is the What they paid page.
The numbers
behind the chart
What does the current reading show?
Profit taken: the latest reading is $19 thousand, on . The highest reading since is $253 million on ; the lowest is $0 on .
Losses: the latest reading is $11 thousand, on . The highest reading since is $263 million on ; the lowest is $0 on .
Coins moved: the latest reading is 5,486 BTC, on . The highest reading since is 12,565 BTC on ; the lowest is 12 BTC on .
What coins leaving the funds locked in each day, as profit or as losses, and how many Bitcoin left. A day with no figure is left out.
What are the latest, highest and lowest readings?
| Measure | Latest | Highest | Lowest |
|---|---|---|---|
| Profit taken | $19 thousand | $253 million | $0 |
| Losses | $11 thousand | $263 million | $0 |
| Coins moved | 5,486 BTC | 12,565 BTC | 12 BTC |
How do the readings compare with earlier dates?
| Reference date | Profit taken | Losses | Coins moved |
|---|---|---|---|
| 1 month ago | $374 thousand | $470 thousand | No reading |
| 3 months ago | $6.5 million | $65 million | 2,268 BTC |
| 6 months ago | $406 thousand | $3.2 million | No reading |
| 1 year ago | $34 million | $337 thousand | 927 BTC |
| 2 years ago | $14 thousand | $21 thousand | No reading |
What was the reading at each month’s end?
| Reading date | Profit taken | Losses | Coins moved |
|---|---|---|---|
| $1.3 million | $1.6 million | No reading | |
| $7.9 million | $68 million | 3,351 BTC | |
| $6.3 million | $102 million | 3,602 BTC | |
| $8.6 million | $21 million | 1,893 BTC | |
| $2.3 million | $3.5 million | No reading | |
| No reading | No reading | No reading | |
| $1.6 million | $10 million | 417 BTC | |
| $70 million | $64 million | 6,054 BTC | |
| $38 million | $28 million | 3,975 BTC | |
| $19 million | $8.9 million | No reading | |
| $49 million | $2.2 million | 1,749 BTC | |
| No reading | No reading | No reading | |
| $37 million | $720 thousand | 1,169 BTC | |
| $44 million | $39 thousand | 992 BTC | |
| $2.5 million | $3 thousand | No reading | |
| $167 million | $1.3 million | 5,923 BTC | |
| $70 million | $3.4 million | 598 BTC | |
| $18 million | $2.9 million | 863 BTC | |
| $52 million | $10 million | No reading | |
| $18 million | $70 thousand | No reading | |
| $10 million | $240 thousand | No reading | |
| No reading | No reading | No reading | |
| $41 million | $445 thousand | No reading | |
| $2.1 million | $468 thousand | No reading |
Source: The money going into and out of the Bitcoin funds each trading day, and Bitcoin's price. No fund publishes what it paid. This is worked out from the money going in and the price on the day it arrived, so treat it as close rather than exact. Reading for .