Bitcoin ETFs see record $3.45 billion outflow over 11 sessions as investors shift to AI stocks

Sam Reynolds

1d ago· 2 min readenNews

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Summary

U.S. spot bitcoin ETFs experienced their largest and longest withdrawal streak on record, with $3.45 billion pulled across 11 consecutive trading sessions as bitcoin slid toward $70,000. The streak, starting May 15, surpassed the previous eight-day record from February 2025. Meanwhile, investor risk appetite remains strong but has rotated toward AI and semiconductor stocks, with Nvidia rising 6%.

Key quotes

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U.S. spot bitcoin ETFs have suffered their largest and longest withdrawal streak on record, with investors pulling roughly $3.45 billion across 11 consecutive trading sessions

The 11-session run, which began May 15, marks the longest stretch of net redemptions since the funds debuted in January 2024

Wall Street's appetite for risk remains strong, with Nvidia up 6%, and other stocks linked to semiconductors and AI attracting the interest of investors

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U.S. spot bitcoin funds bled cash for 11 straight sessions through Monday, the longest redemption streak since their 2024 launch, as risk dollars rotated toward an AI-led equities rally.

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