US spot Bitcoin ETFs saw a net outflow of $1.28 billion this week.
Original headline美国比特币现货 ETF 本周净流出 12.8 亿美元
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U.S. spot Bitcoin ETFs recorded $1.28 billion in net outflows this week, the largest weekly redemption since late June and the second consecutive week of withdrawals, according to The Block. Friday alone saw $411.9 million exit the funds, led by BlackRock's IBIT with $403 million in outflows. The reversal pushed the 12 funds' year-to-date flows to roughly $914.1 million net outflows, down from about $368 million in net inflows before this week. Spot Ethereum ETFs bled $365.3 million, their sixth straight week of outflows, while Solana and Hyperliquid ETFs each posted a fifth consecutive week of redemptions. The broad-based retreat across crypto ETF products signals weakening institutional demand; watch whether Bitcoin ETF flows stabilize next week or extend the streak to a third week.
Muhabbit's AI wrote this summary in its own words from TechFlow's report and translated it from Chinese. It can get details wrong, so check the source.
Named in this story
US spot Bitcoin ETFs, iShares Bitcoin Trust (IBIT), BlackRock (BLK), US spot Ethereum ETFs, The Block
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