Bitcoin ETFs Shed $144M as 5-Day Inflow Streak Comes to an End

The crypto market saw a significant shift in investor sentiment this week as Bitcoin ETFs recorded $144.67 million in net outflows, ending a five-session inflow streak.

The largest funds, including Blackrock's IBIT and Grayscale's GBTC, led the withdrawals with $53.56 million and $52.02 million respectively. Fidelity's FBTC lost $40.32 million, while Bitwise's BITB shed $28.44 million.

However, some funds bucked the trend, with Grayscale's Bitcoin Mini Trust attracting $37.06 million in fresh capital. Total bitcoin ETF trading value reached $2.03 billion, while combined net assets closed at $78.16 billion.

Ether fund outflows also contributed to the decline, with Blackrock's ETHA accounting for most of the selling with a $23.77 million withdrawal.