Bitcoin Spot ETFs Experience $869M Outflow, Second-Largest on Record
U.S.-listed spot bitcoin ETFs saw $869.86 million withdrawn Thursday, marking the second-largest outflow in history, according to SoSoValue. Over the past three weeks, investors have pulled a total of $2.64 billion, signaling rising caution in the crypto market.
The outflows came as Bitcoin dipped below the $100,000 support level amid heightened risk aversion on Wall Street. Ether ETFs also faced significant redemptions, with $259.72 million withdrawn—the largest since October 13.
At the time of writing, Bitcoin traded near $97,500, down more than 5% over 24 hours and 11% month-to-date, reflecting broad weakness across digital assets.
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