Bitcoin ETFs Lose $2.97B
U.S. spot Bitcoin ETFs have recorded a record outflow streak, with approximately $2.97 billion withdrawn over ten consecutive trading sessions. The trend marks the longest period of ETF redemptions since these products launched in the United States.
Analysts attribute the outflows to profit-taking and a more cautious institutional outlook. While Bitcoin remains under pressure, many market observers still expect long-term demand for digital assets to remain strong. With xbit.money, users can exchange BTC and other cryptocurrencies at competitive market rates.