Bitcoin ETF · Bitcoin · Cointelegraph
Bitcoin ETFs lose $1.16 billion as Bitwise calls selling ‘short-term’
Compiled by KHAO Editorial — aggregated from 1 source. See llms.txt for citation guidance.
◌ Single Source
Bitwise’s André Dragosch attributed Bitcoin ETF outflows to weaker market sentiment, saying institutions have largely maintained their exposure.
Key facts
- Tuesday’s $116 million in outflows marked a slowdown from Monday’s $399 million and Friday’s $643 million, extending the funds’ withdrawal streak to three trading sessions
- Investors pulled another $116 million from the funds on Tuesday, bringing net outflows since Friday to $1.16 billion, according to SoSoValue data
- The Crypto Fear & Greed Index rose to 34 from 26 on Monday, though it remained in the “Fear” category
- The latest withdrawals brought the funds’ net outflows for 2026 to approximately $153 million
Summary
US spot Bitcoin exchange-traded funds (ETFs) recorded more than $1 billion in net outflows over three trading days, but crypto asset manager Bitwise says the withdrawals do not signal a lasting retreat by institutional investors. Investors pulled another $116 million from the funds on Tuesday, bringing net outflows since Friday to $1.16 billion, according to SoSoValue data. “I do think it’s related to a short-term risk-off environment rather than a structural change in institutional sentiment,” Bitwise’s head of research, André Dragosch, told Cointelegraph. The withdrawals followed Binance’s $6.3 billion hack on Thursday, which raised concerns about investor confidence and ETF custody security.