Bitcoin ETFs Record Longest Outflow Streak as $2.8 Billion Exits Funds
U.S. spot Bitcoin ETFs have seen a record nine consecutive days of net outflows totaling $2.8 billion, highlighting waning institutional demand as Bitcoin trades near $73,000.
U.S. spot Bitcoin ETFs recorded nine straight days of outflows, the longest streak since their January 2024 launch, with $2.8 billion pulled amid shifting investor sentiment. Bitcoin has underperformed broader risk assets, trading around $73,000 while equities hit records. Analysts point to profit-taking and competition from AI/tech sectors as key factors. U.S. spot Bitcoin ETFs have experienced their longest streak of net outflows since launching in early 2024, with approximately $2.8 billion withdrawn over nine consecutive trading days through late May 2026. This sust…
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