Bitcoin ETFs See $6 Billion Exit as Institutional Demand Cools

Demand for US-listed spot Bitcoin exchange-traded funds (ETFs) has reversed, with the 12 products recording $1.6 billion in net withdrawals this month.

Data from SoSoValue shows that this marks a third consecutive month of negative flows for the ETF products. During this period, the funds lost around $6 billion in flows.

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Bitcoin ETF Demand Reverses Course After Three Months of Sustained Selling

Meanwhile, these monthly outflows represent the longest streak of lossessince the US…