Spot Bitcoin ETFs Post Five Consecutive Weeks of Outflows Reaching $3.8B

US spot Bitcoin exchange-traded funds (ETFs) have recorded five consecutive weeks of net outflows, amounting to roughly $3.8 billion withdrawn during this period. Last week alone saw outflows of about $315.9 million, despite some positive inflow days. The largest single weekly withdrawal occurred the week ending January 30, totaling $1.49 billion. Despite these recent outflows, spot Bitcoin ETFs still hold approximately $54.01 billion in net inflows since their launch. According to Vincent Liu of Kronos Research, these withdrawals are attributed to institutional portfolio de-risking due to rising geopolitical tensions and macro uncertainty, rather than a loss of long-term interest. Furthermore, spot Ether (ETH) ETFs have also faced sustained selling pressure, posting net outflows of about $123.4 million last week, mirroring the trend seen in Bitcoin products.

(Source：Cointelegraph)