A notable trend has emerged in the US-based spot Bitcoin exchange-traded funds (ETFs) market. Over the past five weeks, these funds have experienced a steady outflow of funds. The total? $3.8 billion in net withdrawals. This persistent exodus of capital is striking. The most recent week saw $315.9 million in outflows. So, what’s driving this trend? It seems institutional investors are adopting a cautious stance. They’re responding to prevailing macroeconomic uncertainty by pulling back from spot Bitcoin ETFs. This de-risking trend is particularly interesting, given the current market climate. The fact that institutional investors are leading the charge is also worth noting. Their actions often influence the broader market. As a result, this trend is likely to be closely watched in the coming weeks.
