$BTC ETF outflows and market pressure 🔻🔻🔻
U.S. spot Bitcoin ETFs saw outflows for five consecutive days. During this period, outflows totaled around $1.44 billion, including approximately $300 million on the last day. Most of the latest daily outflow came from BlackRock’s IBIT. Bitcoin ETF outflows reached $1.44 billion over five trading sessions Around $144.8 million was withdrawn from Ether ETFs on the same day, and approximately $523 million over five trading sessions. Outflows totaled around $2.35 billion over the past seven weeks. In percentage terms, Ether funds were hit harder than Bitcoin funds. Ether ETF outflows totaled $2.35 billion over seven weeks Since the start of the year, flows into Bitcoin ETFs have turned slightly negative for the first time since their launch. However, cumulative inflows since 2024 still total around $55 billion. This suggests that institutional investors have not disappeared from the market, but their marginal demand has weakened. It is important to bear in mind that ETF outflows mean investors are withdrawing capital from these funds. This reflects weakening demand and is often accompanied by selling pressure. However, some transactions are conducted in kind: custody of the assets changes, but the coins themselves are not necessarily sold on the market. What this means: ETF flows help track investor sentiment in real time. As long as outflows continue, it will be harder for the market to achieve a sustained recovery.
U.S. spot Bitcoin ETFs saw outflows for five consecutive days. During this period, outflows totaled around $1.44 billion, including approximately $300 million on the last day. Most of the latest daily outflow came from BlackRock’s IBIT. Bitcoin ETF outflows reached $1.44 billion over five trading sessions Around $144.8 million was withdrawn from Ether ETFs on the same day, and approximately $523 million over five trading sessions. Outflows totaled around $2.35 billion over the past seven weeks. In percentage terms, Ether funds were hit harder than Bitcoin funds. Ether ETF outflows totaled $2.35 billion over seven weeks Since the start of the year, flows into Bitcoin ETFs have turned slightly negative for the first time since their launch. However, cumulative inflows since 2024 still total around $55 billion. This suggests that institutional investors have not disappeared from the market, but their marginal demand has weakened. It is important to bear in mind that ETF outflows mean investors are withdrawing capital from these funds. This reflects weakening demand and is often accompanied by selling pressure. However, some transactions are conducted in kind: custody of the assets changes, but the coins themselves are not necessarily sold on the market. What this means: ETF flows help track investor sentiment in real time. As long as outflows continue, it will be harder for the market to achieve a sustained recovery.
