Spot bitcoin ETFs shed $1.26 billion in worst week since late January as ether funds see 10-day outflow streak
The Block
U.S. spot bitcoin ETFs experienced their largest weekly outflow since January, while ether ETFs extended their net selling streak to ten consecutive sessions.Summary
U.S. spot bitcoin ETFs recorded $1.26 billion in net outflows last week, marking the most significant weekly withdrawal since late January. Analysts attribute this trend to a combination of rising Treasury yields, a strengthening dollar, and geopolitical instability. Simultaneously, ether ETFs faced a 10-day streak of outflows, reflecting cooling institutional demand. Despite these recent withdrawals, the sector maintains substantial total net assets, with bitcoin ETFs holding nearly $99 billion in combined value.
(Source：The Block)