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Bitcoin ETFs snap seven-day inflow streak with $225M in outflows

Bitcoin ETFs snap seven-day inflow streak with $225 million in outflows

  • US-listed spot Bitcoin ETFs recorded $225.2 million in net outflows on Thursday, ending a seven-day inflow streak.
  • The outflows marked the first net negative day for the funds since July 13.
  • Despite the reversal, the ETFs still attracted roughly $274 million in net inflows for the week through Thursday.
  • The funds had drawn nearly $1 billion in combined net inflows over the prior seven trading sessions.

US-listed spot Bitcoin exchange-traded funds posted their first day of net outflows since July 13, snapping a seven-session inflow streak that had attracted nearly $1 billion. The funds recorded $225.2 million in net outflows on Thursday, according to data from SoSoValue.

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Despite the single-day reversal, the ETFs had still accumulated roughly $274 million in net inflows for the week as of Thursday. The prior inflow streak had drawn significant capital over seven consecutive trading sessions.

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