U.S. spot Bitcoin exchange-traded funds are seeing their longest consecutive period of net outflows since they launched in January 2024, with withdrawals extending into a ninth and even a tenth session depending on the timing of each report. Across roughly 9–10 trading days, investors withdraw about $2.8 billion to nearly $3 billion in aggregate, according to tracking data cited by multiple outlets. One report says outflows total about $2.84 billion over nine sessions, while another notes roughly $2.97 billion across 10 trading days and additional reporting frames a similar cumulative figure near $3 billion. Bloomberg and CoinDesk describe the move as a sign of cooling demand for Bitcoin exposure even as broader risk assets rise on Wall Street. Separately, CoinDesk and other outlets note Bitcoin’s recent slide alongside strong performance in areas such as AI-related stocks. There are also related developments in crypto ETFs: reports say Ether ETFs end a multi-week streak of outflows later in the period, while at least one newer altcoin product (Hyperliquid’s HYPE ETFs) continues attracting inflows. BlackRock’s IBIT is described as accounting for a large share of the outflows during the withdrawal streak.
Bitcoin spot ETFs record longest withdrawal streak as investors pull about $2.8B
U.S. spot Bitcoin exchange-traded funds are seeing their longest consecutive period of net outflows since they launched in January 2024, with withdrawals extending into a ninth and even a tenth sessio...
- U.S. spot Bitcoin ETFs show a longest-ever consecutive net outflow streak since launch in January 2024, lasting about 9–10 sessions in recent data.
- Cumulative withdrawals during the streak are about $2.8 billion to nearly $3 billion, depending on the report’s cutoff date.
- Multiple outlets link the outflow streak to cooling institutional demand for Bitcoin ETF exposure, even as broader markets (risk assets) rise.
- CoinDesk notes Bitcoin spot ETF outflows occur alongside recent declines in Bitcoin price and strong performance in some equity themes (including AI/semiconductors).
- Ether ETFs also show persistent activity in the same period, with at least one report indicating the end of a multi-day outflow run while Bitcoin ETFs continue withdrawing.
The pace of outflows from U.S. spot Bitcoin ETFs has “moderated,” with analysts assessing whether selling pressure is exhausting.
2 hours agoBlackRock’s IBIT accounted for most of the weekly Bitcoin ETF redemptions, while Fidelity and Grayscale funds also saw outflows.
3 days agoThe outflows were primarily driven by macroeconomic headlines, especially the stronger-than-expected U.S. jobs report, one analyst said.
3 days agoU.S. spot bitcoin ETFs pulled $3.05 million in net inflows on Wednesday after 13 straight sessions of redemptions totaling roughly $4.4 billion, while ether ETFs ended a 17-day outflow streak with $19.30 million led entirely by BlackRock's ETHA.
6 days agoUS-listed spot Bitcoin ETFs saw $397 million in outflows on Wednesday, extending a 13-day red streak to $4.4 billion as Bitcoin has fallen about 21% since May 15.
1 week agoU.S. spot Bitcoin ETFs extended their outflow streak to 10 days, as crypto markets contend with multiple simultaneous headwinds.
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