US-listed spot Bitcoin ETFs posted $397 million in outflows on Wednesday, bringing their 13-trading-day outflow streak to $4.4 billion. The withdrawals have come as Bitcoin has fallen about 21% since May 15.
US-listed spot Bitcoin ETFs posted $397 million in outflows on Wednesday, bringing their 13-trading-day outflow streak to $4.4 billion. The withdrawals have come as Bitcoin has fallen about 21% since May 15.
The streak matters because spot Bitcoin ETFs are a closely watched channel for institutional and retail exposure to Bitcoin in traditional markets. Sustained outflows can signal weaker demand for regulated Bitcoin investment products during periods of market pressure.
US-listed spot Bitcoin exchange-traded funds recorded $397 million in outflows on Wednesday, extending their run of withdrawals to 13 consecutive trading days. Across that period, total outflows from the products have reached $4.4 billion.
The streak matters because spot Bitcoin ETFs are a closely watched channel for institutional and retail exposure to Bitcoin in traditional markets. Sustained outflows can signal weaker demand for regulated Bitcoin investment products during periods of market pressure.
The withdrawals have coincided with a broader pullback in Bitcoin. According to the source material, Bitcoin has declined about 21% since May 15, adding context to the pressure seen across ETF flows.
For crypto market watchers, the data offers another snapshot of how sentiment toward Bitcoin-linked products can shift when the underlying asset weakens. The figures do not by themselves explain the full cause of the selling, but they show that ETF investors have been reducing exposure over a nearly three-week trading stretch.
The continued red streak puts focus on whether flows stabilize in the coming sessions or whether the outflows deepen alongside Bitcoin’s price decline. For now, US spot Bitcoin ETFs remain under sustained pressure, with Wednesday’s $397 million exit adding to an already sizable $4.4 billion run.
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