Spot Bitcoin ETFs see $527M outflows, marking 8th straight week of withdrawals amid cautious institutional sentiment.
U.S. spot Bitcoin ETFs experienced $526.64 million in net outflows last week, extending their losing streak to eight consecutive weeks, the longest since these ETFs began trading. Spot Ethereum ETFs also posted $13.67 million in outflows, reflecting ongoing risk aversion among investors. Meanwhile, altcoin ETFs like SOL, XRP, and HYPE attracted fresh capital, with XRP leading inflows, indicating some rotation into alternative digital assets. Analysts view ETF flows as a key gauge of institutional confidence, with sustained outflows signaling caution until broader market conditions improve.
U.S. spot Bitcoin ETFs experienced $526.64 million in net outflows last week, extending their losing streak to eight consecutive weeks, the longest since these ETFs began trading. Spot Ethereum ETFs also posted $13.67 million in outflows, reflecting ongoing risk aversion among investors. Meanwhile, altcoin ETFs like SOL, XRP, and HYPE attracted fresh capital, with XRP leading inflows, indicating some rotation into alternative digital assets. Analysts view ETF flows as a key gauge of institutional confidence, with sustained outflows signaling caution until broader market conditions improve.
What's Your Reaction?
:max_bytes(150000):strip_icc()/GettyImages-2187410260-5afe56694791404f99c253dd8d5abe6a.jpg?#)
