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7/10

Bitcoin ETF Outflows Extend to Third Day as Ether Joins Slump

news.detail.publishedAt 9 days ago
news.detail.updatedAt 9 days agonews.detail.updates
1 news.detail.readingTime

The exodus from US spot Bitcoin ETFs has persisted for a third consecutive day, deepening year-to-date losses that have now reached $2.7 billion. Selling pressure expanded beyond Bitcoin, as Ether funds recorded $130 million in redemptions. This brings total withdrawals over the last 5 weeks to nearly $4 billion, underscoring a period of heightened institutional caution. However, the market displayed a notable divergence, with Solana and XRP ETFs recording positive inflows despite the broader slump. This selective appetite suggests that while major assets face liquidation, some investors are rotating capital into specific altcoins. Analysts are closely watching whether this trend signals a structural shift in how digital asset portfolios are being rebalanced amid ongoing market volatility.

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news.detail.version9 days ago
news.detail.whatChanged: Update confirms the outflow streak reached three days and expanded to Ether funds, while highlighting a divergence as Solana and XRP funds gained traction.
news.detail.version9 days ago
news.detail.whatChanged: The story was updated to include the specific year-to-date loss figure of $2.7 billion and provide historical context, noting that this period represents one of the worst starts for Bitcoin in several years.
news.detail.version9 days ago
news.detail.whatChanged: The narrative shifted from institutional resilience and asset retention to a significant five-week streak of outflows totaling nearly $4 billion, raising concerns about structural market weakness.

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BTC/USDIBITFBTCARKB
news.detail.sourcesSection:thecurrencyanalytics.comdecrypt.cocointelegraph.comcointelegraph.comnews.bitcoin.comcointribune.com