Spot Bitcoin ETFs see $1 billion outflow in one week
Spot Bitcoin ETFs lost $1 billion in net outflows in a single week, following a six-week streak of $3.4 billion in inflows. According to SoSoValue data, despite a minor gain of $27.29 million at the start of the week, investors began actively withdrawing funds from Tuesday. The largest outflow occurred on Wednesday, totaling $635.23 million. This is reported by Cointelegraph.com .
These market shifts are explained by Bitunix analysts as capital being redirected toward the artificial intelligence (AI) sector and the institutionalization of crypto assets. As NVIDIA, Google, and Apple stocks approach record highs, investors are focusing on macroeconomic factors, particularly US-China relations and crypto regulatory processes.
Uncertainty in the cryptocurrency market is causing the Bitcoin price to fluctuate around $82,000. Analysts have identified the $80,000 level as a key support point. Currently, the market has entered a high-leverage volatility structure, with investors awaiting the next direction.
Spot Ether ETFs also remained under pressure last week, losing a total of $254.46 million over the five-day trading session. As a result, the total net assets of these funds shrank to $12.93 billion.
