🚨 Bitcoin ETFs Bleed Again — $227M Outflow Marks 6 Straight Weeks of Red 📉
Bitcoin spot ETFs just recorded another heavy week of outflows, with a net $227 million pulled out during June 14–18.
Key Highlights:
• Grayscale Bitcoin Trust (GBTC) led the outflows with $156 million — pushing its all-time historical outflow to a massive $27.01 billion
• Ark & 21 Shares (ARKB) saw $50.16 million outflow
• Grayscale Bitcoin Mini Trust was the lone bright spot with $14.95 million inflow (historical inflow now $2.31 billion)
Overall Snapshot:
• Total Net Asset Value of Bitcoin spot ETFs: $78.32 billion
• ETF Net Asset Ratio: 6.19% of Bitcoin’s total market cap
• Cumulative historical net inflow: Still strong at $53.4 billion
This marks the sixth consecutive week of net outflows, signaling some rotation or profit-taking by institutional investors despite Bitcoin holding above key levels recently.
While ETF outflows can create short-term selling pressure, many analysts view this as normal rotation rather than a loss of long-term conviction.
Six straight weeks of Bitcoin ETF outflows — healthy consolidation or warning sign for more downside? Drop your thoughts 👇
$BTC #Bitcoin #BTC #BitcoinETF #GBTC #IBIT
#CryptoNews