US Bitcoin ETFs Suffer $2.35B Outflows Over Two Weeks
US spot bitcoin exchange-traded funds recorded $2.35 billion in net outflows over a two-week span as investors pulled capital.
US spot bitcoin exchange-traded funds (ETFs) recorded $2.35 billion in total outflows over a two-week period as investor redemptions accelerated, according to Nacionale.
Capital Outflows Mount
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The multi-billion-dollar withdrawal highlights shifting sentiment around institutional crypto investment products. Investors pulled capital from the funds across the two-week timeframe, marking a significant retrenchment in ETF holdings.
Key Facts
- US bitcoin ETFs lost $2.35 billion over two weeks.
- The capital movement was driven by investors pulling money out of the funds.
- Outflows signal sustained selling pressure across US spot crypto investment products.
Source: news.google.com
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