Spot Bitcoin ETFs shed $1 billion in a single week as capital rotated toward AI stocks and macro uncertainty weighed on sentiment, ending a six-week run that had pulled in $3.4 billion.
Spot Bitcoin exchange-traded funds (ETFs) recorded $1 billion in weekly net outflows, ending a six-week inflow streak that had drawn a combined $3.4 billion.
The week started on a cautiously optimistic note, with Monday posting modest inflows of $27.29 million, according to data from SoSoValue. The tide turned sharply on Tuesday, when investors pulled $233.25 million from the funds. Selling pressure intensified on Wednesday, the worst single day of the week, with outflows reaching $635.23 million.
A brief reprieve came on Thursday, as inflows of $131.31 million offered a momentary reversal. However, Friday erased that recovery as well, when a further $290.42 million exited the products, sealing the week in the red at exactly $1 billion in net outflows.
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