U.S. spot Bitcoin (BTC) exchange-traded funds (ETFs) extended their longest recent streak of ‘net outflows’ to 10 consecutive trading sessions on Tuesday, underscoring a cautious tone in institutional crypto positioning even as headline adoption of regulated products continues.
Data compiled by Sosovalue showed that U.S.-listed spot Bitcoin ETFs recorded $294.62 million in net redemptions on July 1 (ET), marking a noticeable acceleration from the $222.64 million of outflows logged on June 30. The run of consistent withdrawals began on June 17, suggesting that investors have been steadily… Read more
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