US Spot Bitcoin ETFs Suffer Record Outflows, Second-Worst Streak in History

US spot Bitcoin exchange-traded funds (ETFs) are experiencing significant outflows, with over $2 billion withdrawn over the past week, marking their second-worst withdrawal streak on record. This recent trend began on October 29th and has erased more than $2.04 billion in total. Investors have pulled a combined $137 million from Bitcoin ETFs on Wednesday alone, extending the streak to six consecutive days of redemptions.