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Spot Bitcoin (CRYPTO: BTC) ETFs extended their losing streak Tuesday, as investors pulled another $333.7 million from U.S.-listed funds, marking the seventh consecutive day of net outflows.
Why Bitcoin ETFs Are Seeing Outflows
According to SoSoValue data, BlackRock’s (NASDAQ:IBIT) led the withdrawals with $192.4 million in outflows. Fidelity’s (NYSE:FBTC) lost $57.7 million, while Grayscale’s GBTC shed another $41.3 million.
The seven-day streak has now erased roughly $1.88 billion from spot Bitcoin ETF products marking the longest run of outflows since December …
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