 and Cédric Leroy (HACA)_id_c700fc32-f33e-4f74-8db1-3aea6e913a49_size900.jpeg?#)
US spot Bitcoin ETFs see $425M outflows, continuing 8-week trend totaling $8.2B since May
US spot Bitcoin ETFs experienced $425 million in net outflows on Monday, marking the eighth consecutive week of withdrawals totaling $8.2 billion since May. Despite this recent decline, total assets under management remain strong at around $78 billion, reflecting sustained institutional interest since these ETFs launched in January 2024. The outflows may indicate some investors are locking in gains or reducing exposure, but the overall market foundation remains solid. Investors should watch for potential inflows that could signal renewed buying interest, especially in major funds like BlackRock's IBIT.
US spot Bitcoin ETFs experienced $425 million in net outflows on Monday, marking the eighth consecutive week of withdrawals totaling $8.2 billion since May. Despite this recent decline, total assets under management remain strong at around $78 billion, reflecting sustained institutional interest since these ETFs launched in January 2024. The outflows may indicate some investors are locking in gains or reducing exposure, but the overall market foundation remains solid. Investors should watch for potential inflows that could signal renewed buying interest, especially in major funds like BlackRock's IBIT.
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