Investors just pulled nearly $3.8 billion from US-listed spot Bitcoin Exchange-traded funds have seen outflows for five consecutive weeks, the longest streak since February 2025.
According to SoSoValue, $316 million disappeared last week alone.
Leading the outflow trend is BlackRock’s IBIT. The fund has lost $2.13 billion in outflows for five consecutive weeks.
This shows that institutions are still shying away from the leading cryptocurrency, extending the aversion that followed the crash in early October that exposed its vulnerability to the shenanigans of offshore exchanges such as Binance.
While the latest outflow trend is consistent with last February’s trend, it’s not that bad, down only $3.8 billion compared to $5 billion then. The previous consecutive gains paved the way for a market downturn in the following weeks, with Bitcoin falling to $75,000 in early April.
Currently, Bitcoin is trading well below that level, changing hands for just under $65,000 at the time of writing.
Analysts attributed the continued risk aversion to ongoing U.S.-Iran tensions, President Donald Trump’s new global tariff announcements, and technical price chart factors. “
