Investors withdraw $2.8 billion from U.S. spot bitcoin ETFs over nine days, marking the longest outflow streak since January 2024.
U.S. spot bitcoin ETFs experienced nine consecutive days of net outflows, totaling $2.8 billion, the longest streak since their January 2024 launch. The withdrawals surpass all prior periods of sustained selling pressure, according to market data.
This week alone, the ETFs shed approximately $1.3 billion, extending a three-week outflow trend. Monthly withdrawals now stand at roughly $2.3 billion. Bitcoin’s price fell from about $80,000 to $73,000 during the period, though broader market dynamics, including underperformance relative to AI and semiconductor stocks, contributed to the shift.
Historically, prolonged ETF outflows have often signaled local bitcoin price bottoms, though the current streak reflects broader investor sentiment shifts.