Bitcoin ETFs Suffer $1.79B Weekly Outflow, Second Largest Since Launch
By
Rizwan Ansari
7d ago· 4 min readenNews
Summary
U.S. spot Bitcoin ETFs experienced their second-largest weekly outflow since launch, with $1.79 billion pulled out in one week. The selloff coincided with Bitcoin briefly crashing to $58,126 — its lowest price of the year — before recovering to around $60,287, wiping out nearly $150 billion from the overall crypto market. The heaviest single-day outflow of $691.7 million occurred on June 25.
Source
bskyBitcoin ETFs Suffer $1.79B Weekly Outflow, Second Largest Since Launchcoinpedia.orgKey quotes
· 3 pulledU.S. spot Bitcoin ETFs recorded their second-largest weekly selloff since launch, with investors pulling out $1.79 billion in just one week.
The heavy selling came as Bitcoin briefly crashed to $58,126 before recovering to around $60,287, wiping out nearly $150 billion from the overall crypto market.
The biggest blow came on June 25, when spot Bitcoin ETFs recorded another $691.7 million in net outflows.
U.S. spot Bitcoin ETFs recorded their second-largest weekly selloff since launch, with investors pulling out $1.79 billion in just one week. The heavy
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