Bitcoin ETFs See $1.7B Weekly Outflows
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4 Articles
CoinStats - Spot Bitcoin ETFs see $1.7B outflow as four-w...
Spot Bitcoin exchange-traded funds (ETFs) continued to pull in the red last week, with net outflows totaling about $1.72 billion in the week ending June 5, according to SoSoValue data. The pace stretches a four-week run of billion-dollar redemptions that began mid-May, underscoring a shifting risk appetite among institutional players rather than a Bitcoin-specific crisis. Data compiled by Farside Investors show the bulk of the pressure coming in…
Spot Bitcoin ETFs Lose $1.7 Billion as Outflow Streak Reaches Four Weeks
Spot Bitcoin exchange-traded funds (ETFs) experienced heavy investor withdrawals during the week ending June 5, with total net outflows reaching approximately $1.72 billion, extending a four-week streak of significant redemptions. The latest figures highlight a sharp shift in institutional sentiment after months of strong inflows that helped support Bitcoin prices earlier in the year. According […] The post Spot Bitcoin ETFs Lose $1.7 Billion as…
Key Points of the News Heavy Outflows: Bitcoin's ETFs recorded $1.72 billion in weekly departures, their worst performance since February 2025, with BlackRock's IBIT losing only $1.34 billion. Risk-Off Markets: Global markets plummeted, and major Asian indices retreated as uncertainty affected technology, gold, and digital assets. Bitcoin Rebound: Bitcoin recovered briefly to $64,000 after a weekly fall of 15%, a move that analysts rated as a re…
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