Spot Bitcoin ETFs Experience Net Outflows of $463M Amid Market Volatility
U.S. spot Bitcoin exchange-traded funds (ETFs) recorded net outflows totaling $462.7 million over the last four trading sessions, marking a reversal after three weeks of strong inflows that helped push Bitcoin above $80,000. The decline in investor confidence was most pronounced on Thursday with withdrawals reaching $282.7 million before easing slightly to $13.2 million by Friday. The outflows come amid broader macroeconomic and geopolitical uncertainties, including persistent inflation concerns, rising 10-year Treasury yields near 5%, and tensions related to the Iran conflict affecting energy markets. Analysts suggest that continued redemptions following the next Federal Reserve meeting could signal a shift in investor sentiment toward risk assets. In contrast, Ether ETFs saw net inflows of $196.9 million during the same period, with Bitcoin trading at around $78,328 and Ethereum near $2,501 as of the latest data.
Topics: Bitcoin ETFs Federal Reserve inflation market outflows