With uncertainty still hanging over the crypto market Bitcoin spot ETFs are continuing to see steady outflows.
Market swings are still hitting crypto hard especially ETFs. Data from SoSoValue shows Bitcoin spot ETFs saw a $166 million net outflow making it three days in a row of withdrawals.
The biggest hit came from BlackRock’s iShares Bitcoin Trust which alone saw $164 million leave in one day, even though its total inflows are still over $61.2 billion.
Valkyrie Bitcoin ETF BRRR also posted an outflow of about $1.7 million while holding $314 million in total inflows so far.
Overall Bitcoin spot ETFs now hold $84.37 billion in assets, with a net asset ratio of 6.28% and cumulative inflows near $53.9 billion.
Ongoing price moves and global economic pressure seem to be making investors more cautious. ETF flows remain a key signal for tracking institutional interest.
This is not investment advice.