US spot Bitcoin ETFs bleed over $2B in second-worst outflow streak ever
While Bitcoin and Ether ETFs saw continued outflows this week, Solana ETFs bucked the trend, extending their winning streak to seven days.
US spot Bitcoin exchange-traded funds (ETFs) have recorded more than $2 billion in outflows over the past week, marking their second-worst withdrawal streak on record.
On Wednesday, spot Bitcoin (BTC) ETFs posted another $137 million in outflows, marking the sixth consecutive day of redemptions, according to Farside data.
The streak, which began on Oct. 29, has now erased more than $2.04 billion. The heaviest day came on Tuesday, when investors pulled $566 million, following prior sessions of $470 million, $488 million and $191 million.
