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International Business Times

Business

Merin Rebecca Thomas

Bitcoin ETFs Post Record $6.4 Billion Outflows As BTC Slides To 2024 Lows

Bitcoin ETF Crypto CNBC

Spot bitcoin ETFs have become a primary tool for large investors to adjust exposure during periods of volatility, making them a key channel for both inflows and outflows when market sentiment shifts. (Credit: André François McKenzie/Unsplash)

U.S. spot bitcoin exchange-traded funds have recorded $6.4 billion in net outflows over the past 30 days, marking the largest monthly withdrawal period since the products launched in 2024, according to market data.

The pace of redemptions has extended into the current week, with investors pulling $651 million from bitcoin ETFs in recent trading sessions.

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