Bitcoin Spot ETFs See Record 6 Weeks of Outflows, Capital Sinks to Nov 2024 Levels
Spot Bitcoin ETFs have recorded outflows for six straight weeks, with $226.8 million pulled last week. Total capital under management has dropped to $78.3 billion, a level last seen in November 2024. Ethereum ETFs lost about $10 million, while XRP and SOL funds saw inflows.
Spot Bitcoin exchange-traded funds (ETFs) have experienced outflows for six consecutive weeks, extending a record streak, according to data from the latest weekly report. Last week alone, investors withdrew $226.8 million from these products.
Total capital under management in Bitcoin ETFs has contracted to $78.3 billion, falling back to levels observed in November 2024. The sustained outflows signal persistent bearish sentiment among institutional investors toward Bitcoin exposure.
Ethereum-based ETFs also saw net outflows of approximately $10 million over the same period, continuing a trend of capital exodus from major crypto ETFs.
In contrast, altcoin-focused funds attracted fresh capital. XRP ETFs garnered $10.6 million in inflows, while Solana (SOL) ETFs brought in $7.1 million, indicating selective appetite for alternative digital assets.
Source: ForkLog