Bitcoin spot exchange-traded funds (ETFs) have witnessed net outflows of $1.21 billion over the past three days, according to data from analytics firm Santiment. This represents the most substantial three-day withdrawal period since mid-March 2025.
The sharp outflow reflects growing investor caution amid ongoing market uncertainty. It’s also the first time in nearly three months that weekly outflows have exceeded the $1 billion mark.
While Santiment hasn’t linked the withdrawals to any particular trigger, analysts are keeping a close eye on the trend for potential signs of changing market sentiment or strategic shifts by institutional investors.
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