Bitcoin ETF Outflows Hit $462.7M: Mixed Market Picture for BTC Investors
Bitcoin ETF outflows reached $462.7 million this week, marking their largest weekly withdrawal in ten weeks.
The latest figures show that U.S. spot Bitcoin ETFs recorded net weekly outflows of nearly $463 million, which is less than half of the $986.7 million in inflows recorded from August 31 through September 4.
Despite this reversal, total assets still stood at $97.58 billion, with cumulative net inflows near $55.16 billion.
The current market backdrop suggests reduced near-term demand, but the scale of outflows remains small compared to total assets and cumulative inflows.