Bitcoin ETF Outflows Extend to Six Straight Days: Market Concerns Rise

Six consecutive days of outflows from Bitcoin exchange-traded funds (ETFs) have marked the longest streak since April 2024, raising concerns in the cryptocurrency investment landscape. This trend indicates a shift in investor sentiment and caution toward digital assets amidst macroeconomic uncertainties. Bitcoin ETFs were launched earlier this year, offering institutional investors a gateway to cryptocurrencies. However, with their performance showing signs of cooling interest, these instruments have been witnessing reduced inflows recently.