Bitcoin ETFs Experience Significant Outflows Amid Market Concerns
- Investors withdrew nearly $3.8 billion from U.S.-listed spot bitcoin exchange-traded funds over five consecutive weeks.
- Last week alone saw an outflow of $316 million, according to SoSoValue.
- BlackRock’s IBIT fund led the trend, losing $2.13 billion during this period.
- This marks the longest outflow streak since February, though the amount is lower than the $5 billion withdrawn in a similar timeframe last year.
- Currently, bitcoin is trading just under $65,000, significantly below its previous lows.
The ongoing outflows reflect institutional caution following recent market volatility and geopolitical tensions, including U.S.-Iran relations and tariff announcements by President Trump.
With $3.8 billion pulled from bitcoin ETFs over five weeks, this trend highlights significant risk aversion among investors in the cryptocurrency market.(Source)
