Bitcoin Spot ETF Exodus Continues: $900 Million Outflows Extend Losing Streak

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Bitcoin Spot ETF Exodus Continues: $900 Million Outflows Extend Losing Streak - NewsBTC

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Related Reading: Ethereum Spot ETFs Outshine Bitcoin Counterparts With Double Market Inflows – Details Bitcoin Institutional Investors Withdraw For The Fifth Straight Week After a strong start to the year which saw the Bitcoin ETFs attract over $5 billion in investments, institutional investors have shown much caution in recent weeks indicated by massive withdrawals.

Government Prepares To End Ban Ethereum ETFs Lose $190 Million In Withdrawals Amidst the Bitcoin ETFs’ struggles, the Ethereum Spot ETFs market is experiencing similar investor sentiment following net outflows of $189.9 million in the last week.

According to data from Farside Investors, the Bitcoin Spot ETFs registered $921.4 million in net outflows during the past week culminating in an estimated total of $5.4 billion in the last five weeks.