Bitcoin ETFs see $1.16B in outflows as Bitwise calls it short-term
BROBROK News · Based on reporting by Cointelegraph ·
US spot Bitcoin ETFs posted more than $1.16 billion in net outflows over three trading sessions, but Bitwise says the move looks temporary. André Dragosch said the data points to weaker market sentiment rather than a broad institutional exit from BTC exposure.
Key points
- Net outflows reached $1.16 billion since Friday, based on SoSoValue data.
- Bitwise says the withdrawals fit a short-term risk-off backdrop.
- A Bitwise survey of 15 institutions found no reduction in Bitcoin ETF exposure.
- Retail investors still make up most Bitcoin ETF holdings, according to Dragosch.
- Tuesday’s outflows slowed compared with Monday and Friday.
Why it matters
ETF flow data is one of the clearest signals of institutional interest in BTC. A temporary pullback suggests sentiment can shift quickly without necessarily changing long-term adoption trends.
Original headline: “Bitcoin ETFs lose $1.16B as Bitwise calls selling ‘short-term’”
Read the original on Cointelegraph
Summary and analysis written by BROBROK News from the original report. Read the full story on the source website. Not investment advice.