Spot Bitcoin ETF flows flip to about $390 million in outflows over five sessions as Ethereum streak breaks
Spot Bitcoin ETFs saw flows reverse last week, posting net outflows on four of five trading days totaling about $390 million. Monday recorded $144.67 million in withdrawals, followed by $61.16 million on Wednesday, $131.13 million on Thursday and $57.63 million on Friday, while Tuesday saw a modest $4.89 million net inflow. The prior week brought more than $850 million of net inflows, the strongest weekly showing since April, fueling expectations that demand was recovering. As of Friday, Fidelity’s FBTC had $10.70 billion in assets and Grayscale’s GBTC had $8.26 billion.