Spot Bitcoin ETFs Bleed: 6,700 BTC Exit Amidst Largest Outflow In Months
Amid a wider readjusting of market expectations for interest rate cuts by the Federal Reserve (Fed) for 2025, investors withdrew a record $680 million from Bitcoin ETFs on Thursday, the highest outflow in a single day since January’s approval of these investment funds. Grayscale And Bitwise Bitcoin ETFs Experience 8% Decline As Bitcoin ETFs faced this outflow, the price declined, dropping another 5% to trade around $97,400 to close the week. The sell-off aligns with a general downturn in risk assets, triggered by the Fed’s updated economic projections released earlier this....
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The 13 US Bitcoin Spot ETFs closed out last week with $1.26 billion in net withdrawals, amid significant price losses in the broader crypto market. Notably, data from SoSoValue shows this is the heaviest outflow from the Bitcoin ETF market since the last week in January, when investors’ activity resulted in a net loss of […]
Spot Bitcoin ETFs extended their redemption streak on May 28, with another $229 million leaving the products as outflows across crypto-linked exchange-traded funds deepened. Spot Ethereum ETFs also remained under pressure, recording $121 million in net outflows and pushing their own withdrawal run to 13 consecutive trading days. Bitcoin ETFs See Ninth Straight Outflow The […]
The US-based spot Ethereum ETFs (exchange-traded funds) have registered a second consecutive week of capital outflows. This negative trend comes on the back of what has been a disappointing price performance by the second-largest cryptocurrency in October. Following months of significant capital influx, the Ethereum ETFs seem to be in a cool-off period, with a […]
Bitcoin has seen a pullback to levels below $80,000 as netflow data related to the US spot ETFs shows the exit of a notable amount of capital. Bitcoin Spot ETF Netflow Has Broken Its 5-Day Green Streak According to data from SoSoValue, the Bitcoin spot exchange-traded funds (ETFs) have just registered a red day. The […]
Data shows Bitcoin spot exchange-traded funds (ETFs) are down $3.29 billion from their all-time high (ATH) after the latest wave of outflows. Bitcoin Spot ETFs Are Experiencing Their Second-Largest Drawdown Ever In a new post on X, CryptoQuant community analyst Maartunn has talked about how the holdings attached to the US Bitcoin spot ETFs are […]