Spot Bitcoin ETFs bleed $1 billion in a week, snapping six-week inflow run
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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.
Key facts
They noted that heavy short liquidity sits clustered between $82,400 and $82,600, with $80,000 serving as the key support level to watch
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
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
Combined, the five-day streak wiped $254.46 million from the funds, pulling total net assets down to $12.93 billion by week’s end
Summary
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. A brief reprieve came on Thursday, as inflows of $131.31 million offered a momentary reversal. The weekly loss marks a reversal from the previous six weeks, during which spot Bitcoin ETFs attracted consistent net inflows, with the week of April 17 standing out as the strongest, pulling in $996.38 million.