US spot Bitcoin ETFs recorded $95 million in net outflows in a session, bringing their outflows since the start of November to roughly $1.6 billion, according to SoSoValue. Withdrawals had slowed for three straight sessions, but Morgan Stanley’s Bitcoin Trust ETF was an exception, taking in $20 million in the latest session.
Over five trading sessions, US-listed ETFs attracted roughly $12 billion a day, and all 17 of the top funds by inflows invested in stocks, according to Bloomberg ETF analyst Eric Balchunas. CryptoQuant said Bitcoin demand had contracted by 284,000 BTC over 30 days. It said similar conditions had preceded local market bottoms, but warned that a deeper correction remained possible.
