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Bitcoin ETFs shed $1.44 billion over five days of outflows

U.S. spot Bitcoin exchange-traded funds recorded five straight days of net outflows totaling roughly $1.44 billion, losing another $299.9 million as investors moved to reduce risk exposure.

Investors pulled approximately $1.44 billion from Bitcoin exchange-traded funds over five consecutive days of outflows as market volatility prompted traders to cut risk, according to reporting by Crypto Briefing and Decrypt. U.S. spot Bitcoin ETFs shed an additional $299.9 million on the fifth day of withdrawals, CoinDesk reported.[1][2][4]

The persistent withdrawals have brought spot Bitcoin ETFs down to almost half their peak assets, though analysts noted that the outflows do not yet point to a collapse in demand, Decrypt reported. Amid the ETF outflows, Bitcoin slipped 0.7%, declining alongside Nvidia shares following reports that the chipmaker's board may oust CEO Jensen Huang.[3][4]

Key facts

  • Bitcoin ETFs logged $1.44 billion in outflows across five consecutive days.
  • U.S. spot Bitcoin ETFs lost $299.9 million as redemptions reached a fifth day.
  • Spot Bitcoin ETFs have lost nearly half of their peak assets, though analysts said this does not yet indicate a collapse in demand.
  • Bitcoin slipped 0.7% while Nvidia shares dropped on reports that its board may oust CEO Jensen Huang.
  • Investor caution and volatility have highlighted a fragile balance in Bitcoin ETF demand impacting broader risk asset strategies.

Sources · 4 sources

  1. CB

    Crypto BriefingArticle ·

    Bitcoin ETFs log $1.44 billion in outflows over five days as investors cut risk Investor caution amid market volatility highlights the fragile balance in Bitcoin ETF demand, impacting broader risk asset strategies. The post Bitcoin ETFs log $1.44 billion in outflows over five days as investors cut risk appeared first on Crypto Briefing .

    Open source
  2. DE

    Decrypt@DecryptMediaPost on X ·

    Bitcoin ETFs Bleed $1.4B in Five Days as Investors Cut Risk https://t.co/pzNq8jkqL9

    Open source
  3. DE

    DecryptArticle ·

    Bitcoin ETFs Bleed $1.4B in Five Days as Investors Cut Risk Spot Bitcoin ETFs have lost almost half their peak assets, but analysts say the outflows don't yet show a collapse in demand.

    Open source
  4. CO

    CoindeskArticle ·

    Bitcoin dips with Nvidia as ETF outflows reach day five Bitcoin slips 0.7% as Nvidia falls on reports its board may oust CEO Jensen Huang, while U.S. spot bitcoin ETFs lose another $299.9 million.

    Open source