Bitcoin ETFs Lose $3B in Record Ten-Day Outflow Streak as Investors Shift Focus
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U.S. spot Bitcoin ETFs recorded a record ten-day outflow streak, with investors pulling about $3 billion since the products launched in January 2024 and another $125 million in net outflows reported on Friday. BlackRock’s IBIT accounted for most withdrawals, signaling weakening institutional demand for Bitcoin exposure even as broader markets rally, while HYPE and XRP ETFs attracted fresh inflows, indicating a shift of investor interest toward alternative crypto investment products with implications for token adoption and DeFi capital flows.
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- U.S. Bitcoin ETFs recorded a record 10-day outflow streak, losing nearly $3 billion.
- BlackRock’s IBIT accounted for most withdrawals as institutional demand for Bitcoin exposure weakened.
- HYPE and XRP ETFs attracted fresh inflows, signaling a shift in investor interest.
U.S. spot Bitcoin exchange-traded funds (ETFs) have recorded their longest outflow streak since launching in January 2024. Investors have pulled about $3 billion from the products over ten consecutive trading sessions.
The withdrawals suggest weakening institutional demand for Bitcoin exposure through ETFs. This comes even as broader financial markets continue to rally and newer crypto investment products attract fresh capital.
Bitcoin ETFs See Record Ten-Day Outflow Run
According to data from SoSoValue, U.S.-listed spot Bitcoin ETFs recorded another $125 million in net outflows on Friday. Thi…
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Coins
$ 63.77K
-3.36%
$ 1.17
-4.68%
$ 67.44
-6.46%
Funds
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In This News
Coins
$ 63.77K
-3.36%$ 1.17
-4.68%$ 67.44
-6.46%Funds
Predictions Markets
See what traders are focused on
Share:
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