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✉news BusinessCrypto first seen 17 h ago, last 10 h ago, peak #5

US Bitcoin spot ETFs log $678.9 million weekly outflow

Original: 🇺🇸 Bitcoin spot ETFs recorded a net outflow of $678.9M last week.

Bitcoin spot exchange-traded funds in the United States recorded a net outflow of $678.9 million last week, meaning investors pulled more money out of the funds than they put in. The figure offers a snapshot of weakening institutional appetite for bitcoin exposure through regulated ETF products, which had driven much of the crypto market's momentum since their launch.

Why now: Large outflows from bitcoin ETFs signal shifting investor sentiment toward crypto, a key market mover traders are watching.

BitcoinBitcoin spot ETFsUnited States

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