Please enter CoinGecko Free Api Key to get this plugin works.
Please enter CoinGecko Free Api Key to get this plugin works.
HomeCrypto NewsU.S. Bitcoin ETFs See $5.4 Billion Outflows in Five-Week Stretch

U.S. Bitcoin ETFs See $5.4 Billion Outflows in Five-Week Stretch

-

Investors are fleeing digital assets as risky investments lose their popularity amid growing geopolitical and economic uncertainty.

Globally, digital asset funds lost $1.7 billion last week alone, according to a report from CoinShares, taking the total outflow over five weeks $6.4 billion. In the U.S., bitcoin (BTC) exchange-traded funds (ETFs) logged the longest streak of weekly outflows since their January 2024 debut, with investors pulling more than $5.4 billion over the past five weeks.

While President Donald Trump has shown support for cryptocurrencies, including with the order for the establishment of a Bitcoin Strategic Reserve, that support has so far failed to counteract concerns about tariff-induced trade tensions and monetary policy.

Bitcoin has dropped more than 21% over the last three months to around $83,000, while the broader CoinDesk 20 Index (CD20) has lost around 34.6% of its value over the same period.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

LATEST POSTS

Best AI Agents: The Future of Autonomous AI in Business 2025

Remember the time two years back when AI chatbots were the hot new thing? Well, forget that—the future belongs to AI agents. These clever systems...

AI-Driven News Meets Web3 Streaming: Myco Partners with A47

Myco, a prominent Web3 video streaming platform with a global user base exceeding 21 million, has revealed its latest collaboration with A47 News Network. A47,...

Hashdex Seeks to Expand U.S. Crypto ETF to Include Litecoin, XRP and More

Crypto asset manager Hashdex filed an amendment with the U.S. Securities and Exchange Commission (SEC) seeking to add litecoin (LTC) and XRP among other cryptocurrencies...

StratifyX and INTO Partner to Enhance AI-Driven Web3 Investments

StratifyX, an open-source AI-powered platform focused on the secure and automated development of quantitative strategies, has announced a strategic collaboration with INTO, a Web3-based entity...

Most Popular