Spot Bitcoin ETFs bleed $1.7B as outflow streak hits four weeks
Spot Bitcoin ETFs recorded a fourth consecutive week of outflows totaling $1.7 billion, with Ether ETFs also losing $173 million as macro uncertainty drives investors to reduce crypto exposure.
Spot Bitcoin ETFs have now posted a fourth straight week of net outflows, with total redemptions reaching $1.7 billion during the period, according to data cited by CoinTelegraph. Ether ETFs also saw $173 million exit, extending a broader risk-off move across digital asset markets.
The persistent outflows highlight growing caution among institutional investors as macroeconomic headwinds intensify. BlackRock's IBIT, the largest spot Bitcoin ETF by assets, accounted for the bulk of the weekly redemptions, while Fidelity and Grayscale products also recorded significant outflows. The four-week streak marks the longest continuous withdrawal period since the ETFs launched in January 2024. For crypto traders, these ETF flows serve as a real-time barometer of institutional sentiment. When large funds reduce exposure, it often signals expectations of further downside or a shift toward safer assets. Live crypto prices and charts on NowPrice show how the market is reacting to these capital movements, with Bitcoin and Ether both under pressure.
Looking ahead, traders will watch for any stabilization in ETF flows as a potential early sign of sentiment reversal. Key macro events this week, including US inflation data and the Federal Reserve's rate decision, could either exacerbate the outflows or prompt a rebound if they ease uncertainty. The $1.7 billion figure also brings cumulative net inflows since launch closer to breakeven, raising the stakes for the next few weeks.