Bitcoin ETFs suffer record nine-day outflow streak as $2.8 billion exits funds
Summary
U.S. spot bitcoin ETFs have posted nine straight days of net outflows, the longest losing streak since launch in January 2024, with about $2.8 billion withdrawn over that period. This week alone, outflows reached roughly $1.3 billion, bringing monthly withdrawals to about $2.3 billion. The selling has come as bitcoin fell from around $80,000 to $73,000. Broader market rotation also appears to be weighing on demand, as capital has favored stronger-performing AI, semiconductor, and memory-chip stocks. BlackRock’s IBIT saw its largest single-day outflow since inception, suggesting some investors may be reallocating away from bitcoin. Historically, prolonged ETF outflows have sometimes lined up with market stress and local price bottoms.
