Investors have withdrawn roughly $3.8 billion from U.S. spot Bitcoin ETFs over the past five consecutive weeks. The funds saw about $315.9 million in net outflows last week, according to data from SoSoValue. Spot Ether ETFs have also recorded outflows, with about $123.4 million leaving the products in the same period.
U.S. spot Bitcoin exchange-traded funds have posted five consecutive weeks of net outflows. Investors have pulled roughly $3.8 billion from the products over this period.
During last week, the funds recorded about $315.9 million in net outflows, according to SoSoValue data. The biggest weekly withdrawal occurred in the week ending Jan. 30, when spot Bitcoin ETFs saw about $1.49 billion exit.
Despite some daily inflows, the weekly totals remained negative. Notable withdrawals included more than $410 million on Feb. 12, along with additional negative sessions from Feb. 17 through Feb. 19.
As of a recent Friday, spot Bitcoin ETFs have accumulated roughly $54.01 billion in net inflows since launch. Total net assets stood near $85.31 billion, representing about 6.3% of Bitcoin’s overall market capitalization.
Recent withdrawals appear tied to institutional positioning according to Vincent Liu, chief investment officer at Kronos Research. He said the outflows reflect portfolio de-risking as geopolitical tensions and broader macro uncertainty rise.
Liu added that flows may remain unstable in the near term. “Market inflows will be dependent on macro events like incoming Thursday’s initial jobless claims, as weaker data could revive expectations for future rate cuts,” he stated.
Spot Ether ETFs have also faced sustained selling pressure across the past five weeks. The funds recorded about $123.4 million in net outflows last week, according to SoSoValue.
This occurred despite occasional positive sessions, including about $48.6 million in inflows on Feb. 17. These gains were outweighed by heavier selling earlier in the week.
