Bitcoin News
By Maheen Hernandez
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Seven Consecutive Weeks of Outflows. Seven weeks in a row. That's the streak Bitcoin ETFs are on, and it's starting to look less like a…
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Ethereum ETFs Hit the Same Wall. Ethereum ETFs didn't escape any of this. Same story, different numbers.
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What the Numbers Actually Mean. Both products are facing the same basic problem: investors are retreating.
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Spot Bitcoin ETFs just had one of their worst weeks ever. Investors pulled $1.79 billion out last week — the second-worst net flow performance since these funds launched a little…
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Thursday was the ugliest single day, with $696 million walking out the door. Wednesday wasn't much better at $469 million. Friday added another $444.5 million on top of that.
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The cumulative net inflows for spot Bitcoin ETFs now sit at $51.61 billion. That sounds big, but it's a pretty brutal drop from the $59.30 billion recorded in mid-May.
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Seven weeks in a row. That's the streak Bitcoin ETFs are on, and it's starting to look less like a temporary pullback and more like a structural problem with investor confidence…
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Bitcoin's price hasn't helped. The coin recently dropped to $58,000, a multi-year low. That kind of price action feeds the outflow cycle — prices fall, investors get scared, they…
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It's worth stepping back for a second. Spot Bitcoin ETFs were a massive deal when they launched.
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Ethereum ETFs didn't escape any of this. Same story, different numbers. Seven consecutive weeks of net outflows there too, which is kind of remarkable given how different the two…
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Last week, Ethereum ETFs lost $273.34 million. That sounds smaller than Bitcoin's $1.79 billion, and it is — but context matters.
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Read also: Bitcoin Faces Divergent Views: Grantham Predicts Decline, Salinas Pliego Bets Big
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Tuesday and Thursday were the worst days for Ethereum ETFs, with $82.35 million and $81.87 million pulled respectively. Why those specific days? Unclear.
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Total net flows for Ethereum ETFs have now dropped below $11 billion. Back in mid-May, that figure was $12.09 billion.
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Both products are facing the same basic problem: investors are retreating. The reasons probably overlap — Bitcoin at $58,000 doesn't inspire confidence, macro uncertainty is…
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