coin-img-ETHETH+0.31%coin-img-BTCBTC+1.11%coin-img-SOLSOL+3.31%coin-img-XRPXRP+0.15%coin-img-USDCUSDC+0.02%coin-img-TRXTRX+0.93%coin-img-DOGEDOGE-0.66%coin-img-SUISUI-1.35%coin-img-ETHETH+0.31%coin-img-BTCBTC+1.11%coin-img-SOLSOL+3.31%coin-img-XRPXRP+0.15%coin-img-USDCUSDC+0.02%coin-img-TRXTRX+0.93%coin-img-DOGEDOGE-0.66%coin-img-SUISUI-1.35%coin-img-ETHETH+0.31%coin-img-BTCBTC+1.11%coin-img-SOLSOL+3.31%coin-img-XRPXRP+0.15%coin-img-USDCUSDC+0.02%coin-img-TRXTRX+0.93%coin-img-DOGEDOGE-0.66%coin-img-SUISUI-1.35%coin-img-ETHETH+0.31%coin-img-BTCBTC+1.11%coin-img-SOLSOL+3.31%coin-img-XRPXRP+0.15%coin-img-USDCUSDC+0.02%coin-img-TRXTRX+0.93%coin-img-DOGEDOGE-0.66%coin-img-SUISUI-1.35%

U.S. Spot Bitcoin ETFs Post Record $6.35 Billion Net Outflow Over 30 Trading Days; Bitcoin Down 17%

U.S.-listed spot Bitcoin exchange-traded funds saw net redemptions of $6.35 billion over the past 30 trading days, according to Galaxy Research, the largest 30-day outflow since the products debuted in January 2024. The funds have now logged six straight weeks of net outflows, cutting cumulative net inflows to $53.4 billion. Bitcoin has fallen about 17% over the past month and was recently trading at $64,167. A BlackRock spokesperson said ETF flows reflect multiple drivers, adding that single-day or short-term outflows do not necessarily signal a shift in longer-term trends.
Selected
BTC
BTC+1.12%
Disclaimer: The content above is only the author's opinion and does not represent BingX’s stance. It shall not be construed as investment advice from BingX. For details, refer to the Terms and Conditions.