Galaxy Research said the funds posted 13 consecutive days of net outflows from May 15 to June 3, marking a historic stretch of withdrawals for the products.
Spot Bitcoin ETFs recorded a historic run of 13 consecutive days of net outflows between May 15 and June 3, according to Galaxy Research. The stretch totaled $4.33 billion in cumulative withdrawals, underscoring sustained selling pressure in the U.S.-listed fund segment and showing how ETF flows can shape near-term Bitcoin market sentiment.