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Spot Bitcoin (CRYPTO: BTC) ETFs have recorded nine consecutive days of net outflows, the longest withdrawal streak since launch in January 2024, pulling roughly $2.8 billion from the complex.
Three Consecutive Weeks Of Outflows, $2.3B Gone In May Alone
This week alone has seen $1.3 billion exit the funds, extending a three-week outflow streak. Monthly withdrawals now stand at roughly $2.3 billion as Bitcoin fell from $80,000 to $73,000 over the same period.
This is the most sustained period of institutional selling since Bitcoin ETFs launched.
The selling goes beyond Bitcoin’s price drop. Since the start of the year, Bitcoin has lagged AI stocks and semiconductor names, which keep pulling capital as infrastructure spending grows.
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