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news.v3categories.cryptonews.sentiment.bearish
7/10

Bitcoin ETF Outflows Extend to Fifth Week as Solana and XRP Buck the Trend

news.detail.publishedAt 6 days ago
news.detail.updatedAt 6 days agonews.detail.updates
1 news.detail.readingTime

news.keyFacts

  • •US-based spot Bitcoin ETFs have seen outflows of approximately $2.6 billion during the first 5 weeks of 2026.
  • •Bitcoin developer Matt Corallo dismissed quantum computing concerns as the reason for the recent market sell-off.
  • •Metaplanet rejected unspecified accusations recently leveled against the company.

US-based spot Bitcoin ETFs extended their losing streak to a fifth consecutive week, recording $316 million in weekly outflows and bringing the total year-to-date exodus to $2.6 billion. While Ether funds remained under significant pressure, Solana and XRP ETFs bucked the broader market trend by attracting modest net inflows. Amidst this volatility, Bitcoin developer Matt Corallo dismissed rumors that quantum computing threats triggered the sell-off, labeling such concerns as unfounded FUD. Simultaneously, Metaplanet reiterated its stable position while rejecting recent unspecified accusations. This divergence suggests that while institutional appetite for major assets is cooling, selective interest remains in specific altcoin instruments. Liquidity pressures persist across major vehicles like IBIT and FBTC despite the network's technological resilience.

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news.detail.versionHistory

news.detail.version6 days ago
news.detail.whatChanged: Updated the story to include the latest weekly outflow figure of $316 million and highlighted the market divergence where Solana and XRP ETFs saw inflows despite the continued exodus from Bitcoin and Ether funds.

news.detail.instrumentsSection

BTC/USDIBITFBTC
news.detail.sourcesSection:cointelegraph.comcoindesk.comnews.bitcoin.com