Bitcoin ETFs shed $261M as XRP funds buck weekly outflow trend
Bitcoin ETFs have recorded $151 million in net outflows since Monday, after investors withdrew $681 million the previous week.
US spot Bitcoin exchange-traded funds (ETFs) returned to net outflows for the week on Wednesday as BTC fell below $82,000.
Bitcoin ETFs recorded about $262 million in outflows on Wednesday, reversing $176 million in inflows the day before, according to SoSoValue data. The latest withdrawals brought this week’s net outflows to $151 million through Wednesday. The funds logged $681 million in net outflows last week.
Weekly flows in US spot Bitcoin ETFs. Source: SoSoValue