The source indicates spot Bitcoin ETF products recorded a third consecutive week of net withdrawals, extending a recent run of investor outflows from the crypto investment category.
Bitcoin exchange-traded funds recorded a third consecutive week of net redemptions, with more than $3.5 billion leaving the products over the past three weeks, according to the source. Sustained outflows from spot Bitcoin ETFs can signal weaker short-term investor demand for listed Bitcoin exposure, as these funds are commonly used by institutions and retail investors to access the asset without directly holding tokens.