Bitcoin ETFs bleed $3.8 billion in historic five-week outflow streak

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Bitcoin ETFs bleed $3.8 billion in historic five-week outflow streak.

crypto :: 19hrs ago :: source - coindesk

By Omkar Godbole

Bitcoin ETFs lose billions in five weeks. (zsoravecz/Pixabay)

Investors just pulled nearly $3.8 billion from U.S.-listed spot bitcoin BTC exchange-traded funds over five straight weeks, the longest outflow streak since February 2025.

Last week alone saw $316 million vanish, according to SoSoValue.

Leading the outflows trend is BlackRock's IBIT. The fund has lost $2.13 billion over five straight weeks of outflows.

This shows institutions are still steering clear of the leading cryptocurrency, extending the aversion that kicked in after the early October crash, which exposed its vulnerability to shenanigans on offshore exchanges such as Binance.

While the latest outflows trend matches the one from February last year in length, it's not as bad, with just $3.8 billion yanked versus $5 billion back then. That prior streak paved the way for a market swoon over the following weeks, with bitcoin falling as low as $75,000 in early April.

READ: Small investors are buying bitcoin. For a rally to succeed, the whales need to join in.

Right now, bitcoin is already trading well below that level, changing hands just under $65,000 as of writing.

Analysts have attributed the ongoing risk aversion to lingering U.S.-Iran tensions, President Donald Trump's fresh global tariff announcement, and technical price-chart factors."