
US spot Bitcoin ETFs have experienced a historic $6.35 billion net outflow over 30 days, marking six consecutive weeks of capital withdrawals and a decline from a $63 billion peak. This trend reflects growing institutional caution driven by persistent US inflation, restrictive monetary policies, and geopolitical instability, including the US-Iran conflict. Despite the outflows, BlackRock suggests these movements may represent strategic reallocations within crypto products rather than a loss of confidence in Bitcoin's long-term value. Market watchers remain concerned about continued volatility and risk aversion impacting crypto investments in the near term.