Investors pulled $6.4 billion from U.S. bitcoin ETFs over the past month, the largest 30-day withdrawal on record.
U.S. bitcoin ETFs experienced $6.4 billion in outflows over the last 30 days, setting a new record for the largest monthly withdrawal. The pullback reflects a broader decline in digital asset investment products, with bitcoin leading the downturn.
Last week alone saw $233 million in outflows, adding to the negative trend. Prior periods had shown mixed flows, but the scale of the recent withdrawals marks a sharp reversal in investor sentiment.
The shift follows a period of heightened volatility in crypto markets, though immediate market reactions to the outflows were not detailed.