U.S. spot Bitcoin exchange-traded funds (ETFs) have recorded five consecutive weeks of outflows, totaling approximately $3.8 billion. This marks the longest withdrawal period since their launch, according to data. The largest single-week outflow was roughly $1.49 billion in late January. Total assets for these funds currently stand at $85.31 billion, representing 6.3% of Bitcoin’s total market capitalization, even as recent risk-off sentiment affects crypto exposure.
U.S. spot Bitcoin exchange-traded funds have marked the fifth consecutive week of outflows, the longest period since a tariff-induced market sell-off earlier this year. The five-week outflow period is a sign of slowing institutional interest amid rising market volatility.
The 12 U.S.-listed spot Bitcoin ETFs saw a net outflow of around $316 million in the week ended February 20, according to data from SoSoValue. Daily outflows occurred through much of the week, with Friday’s $88 million inflow unable to reverse the trend.
Over the last five weeks, estimated withdrawals from these funds reached $3.8 billion. The largest single-week withdrawal of about $1.49 billion occurred during the period ending Jan. 30.
Total net inflows since launch remain substantial at approximately $54.01 billion. The total net assets of $85.31 billion account for 6.3% of Bitcoin’s total market capitalization.
Market analysts have attributed the recent outflows to portfolio rebalancing due to increased macroeconomic risks. The recent rise in geopolitical risks, trade wars, and tariffs has further fueled a risk-off sentiment, which has led institutional investors to withdraw from volatile assets such as cryptocurrencies.
The spot Ether ETFs have also reflected the negative sentiment, with net outflows of approximately $123.4 million in the last week. Analysts have indicated that the short-term performance of ETFs will be affected by macroeconomic data and overall risk sentiment.
