Spot Bitcoin ETFs record five weeks of net withdrawals, totaling $3.8B

2 hours ago

US spot Bitcoin exchange-traded funds (ETFs) person posted 5 consecutive weeks of nett outflows, with investors pulling astir $3.8 cardinal from the products implicit the period.

During past week, the funds recorded astir $315.9 cardinal successful nett outflows, according to information from SoSoValue. The biggest play withdrawal during this 5-week streak occurred successful the week ending Jan. 30, erstwhile spot Bitcoin (BTC) ETFs recorded astir $1.49 cardinal successful nett outflows.

The nett play outflows travel arsenic immoderate sessions posted inflows. On Friday, Bitcoin ETFs saw astir $88 cardinal successful inflows, but they were outweighed by larger redemption days earlier successful the week. Notable withdrawals included much than $410 cardinal connected Feb. 12, on with further antagonistic sessions from Feb. 17 done Feb. 19, leaving the play full firmly negative.

As of Friday, spot Bitcoin ETFs person accumulated astir $54.01 cardinal successful nett inflows since launch. Total nett assets stood adjacent $85.31 billion, representing astir 6.3% of Bitcoin’s wide marketplace capitalization.

Institutional de-risking drives Bitcoin ETF outflows

Recent withdrawals from spot Bitcoin ETFs look tied to organization positioning alternatively than a nonaccomplishment of semipermanent involvement successful the asset, according to Vincent Liu, main concern serviceman astatine Kronos Research. He said the outflows bespeak portfolio de-risking arsenic geopolitical tensions and broader macro uncertainty rise.

Liu added that flows whitethorn stay unstable successful the adjacent term. Escalating commercialized disputes and tariff developments person reinforced a risk-off situation crossed markets, leaving integer assets delicate to macro headlines.

“Market inflows volition beryllium babelike connected macro events similar incoming Thursday’s archetypal jobless claims, arsenic weaker information could revive expectations for aboriginal complaint cuts and assistance enactment sentiment presently astatine 14 utmost fearfulness connected the crypto fearfulness and greed index,” helium told Cointelegraph.

Spot Ether ETFs spot outflows

Spot Ether (ETH) ETFs person besides faced sustained selling pressure, with flows turning antagonistic crossed the past 5 weeks arsenic investors trimmed vulnerability to the second-largest cryptocurrency.

During past week, the funds recorded astir $123.4 cardinal successful nett outflows, according to SoSoValue data. The play losses came contempt occasional affirmative sessions. Ether ETFs posted inflows connected respective days, including astir $48.6 cardinal connected Feb. 17 and $10.3 cardinal connected Feb. 13, but they were outweighed by heavier selling earlier successful the week.

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