Spot Bitcoin ETF Weekly Inflows Drop to $33.8M Amid Heavy End-of-Week Outflows
Spot bitcoin ETFs attracted a net $33.8 million last week, a sharp slowdown from prior weeks, as Thursday and Friday outflows of $225 million and $228 million erased earlier gains.
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Spot bitcoin exchange-traded funds ended the week with net inflows of $33.8 million, a marked deceleration from the $197 million and $76 million recorded in the two preceding weeks.
The last two trading sessions weighed heavily on the weekly total. On Thursday, investors pulled $225 million from the products, followed by $228 million in outflows on Friday, offsetting the bulk of earlier inflows.
Source: ForkLog