US Spot Bitcoin ETFs Experience $3.8B in Outflows Over Five Weeks
- Spot Bitcoin ETFs have seen five consecutive weeks of net outflows, totaling approximately $3.8 billion.
- Last week alone recorded about $315.9 million in net outflows, with the largest withdrawal of $1.49 billion occurring on January 30.
- Despite some inflows, including $88 million on Friday, larger redemptions dominated earlier sessions.
- As of last Friday, total net assets for spot Bitcoin ETFs stood at approximately $85.31 billion, representing about 6.3% of Bitcoin’s overall market capitalization.
- Institutional de-risking amid rising geopolitical tensions is cited as a key driver behind the recent outflows.
The sustained outflows from Bitcoin ETFs indicate a shift in institutional strategies rather than a decline in long-term interest in digital assets, reflecting broader market uncertainties.
With a total of $54.01 billion in net inflows since launch, the recent trend highlights significant volatility within the market environment for Bitcoin. (Source)
