Bitcoin ETFs Bleed $1.55 Billion in Second Straight Week of Outflows

Bitcoin ETFs — U.S. spot Bitcoin exchange-traded funds (ETFs) have seen approximately $1.55 billion in net outflows over the past week, marking the second consecutive week of billion-dollar withdrawals from the products.

Data from fund flow tracker SoSoValue shows the outflows were widespread across 14 of the 15 crypto fund categories it monitors. The sole exception was funds tracking Avalanche (AVAX), which recorded a modest net inflow of approximately $227,000 for the week.

The sustained capital flight highlights a period of significant pressure on the ETF sector, which had previously enjoyed strong inflows following the products’ launch earlier in the year. The consistent outflows suggest a shift in investor sentiment or a reallocation of capital away from these regulated crypto investment vehicles.

While the data aggregates flows across multiple issuers, the figures indicate a broader trend of caution or profit-taking among ETF investors, contrasting with the isolated, minor interest in Avalanche-focused funds.