Bitcoin ETFs Post Largest Outflows Since January as BTC Slips
Cointelegraph
US spot Bitcoin ETFs experienced their largest daily outflow of $635.2 million as Bitcoin prices fluctuated around the $80,000 level.Summary
US spot Bitcoin exchange-traded funds recorded $635.2 million in daily outflows, marking the largest single-day withdrawal since January. This downturn follows Bitcoin's struggle to maintain the $80,000 price level after a 37% rally from April lows, with analysts citing profit-taking and cooling demand as primary drivers. Major funds like BlackRock’s IBIT, ARKB, and FBTC faced significant withdrawals, while Ether ETFs also saw consistent outflows. Despite the broader market pullback, Solana and Hyperliquid funds recorded minor inflows, highlighting a mixed performance across different digital asset products as investors navigate heightened volatility and potential market resistance.
(Source：Cointelegraph)