Bitcoin ETFs See Nearly $4 Billion Outflow Over Five Weeks

Bitcoin ETFs Face Continued Outflows

According to the latest data from SoSoValue, Bitcoin ETFs have seen consistent outflows for five consecutive weeks, totaling nearly $4 billion in outflows.

On Thursday alone, spot Bitcoin ETFs experienced a net outflow of $165.76 million, marking the third consecutive day of redemptions.

Weekly Outflow Trends

Since mid-January, the weekly outflows from Bitcoin ETFs have been as follows:

• Week 1: $403.9 million
• Week 2: $359.9 million
• Week 3: $318.1 million
• Week 4: $1.49 billion
• Week 5: $1.33 billion

This trend indicates that investors are taking a cautious stance on the short-term outlook for Bitcoin.