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.

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Source: https://cointelegraph.com/news/spot-bitcoin-etfs-bleed-over-2-billion-in-second-worst-outflow-streak?utm_source=rss_feed&utm_medium=feed%3FnoCache%3Dtrue%26_ts%3D1762467199432&utm_campaign=rss_partner_inbound