Bitcoin ETFs See Worst Weekly Outflow Ever As $1.79B Leaves Funds
U.S. spot Bitcoin ETFs recorded their worst weekly outflow on record after investors pulled about $1.79 billion from the funds between June 22 and June 26. The latest spot Bitcoin ETF flow data showed net outflows of $68.3 million on June 22, $113.8 million on June 23, $469 million on June 24, $691.7 million on June 25 and $444.5 million on June 26. The five-session total reached roughly $1.79 billion, topping the previous heavy outflow week of about $1.72 billion from June 1 to June 5.