Bitcoin ETFs lose $1 billion for the second week in a row as crypto funds, except one, continue bleeding
U.S. spot crypto ETFs lost about $1.55 billion combined for the second consecutive week, with only Avalanche funds seeing a modest inflow.
The outflows mark the second consecutive week of significant losses for U.S. spot crypto ETFs, totaling approximately $1.55 billion. This persistent decline indicates continued bearish sentiment in the cryptocurrency market.
Among the 15 categories tracked by SoSoValue, only Avalanche funds managed to attract positive inflow, with a modest $227,000 entering the funds during the week. All other crypto fund categories experienced net outflows.
The sustained capital flight from crypto ETFs suggests investors remain cautious despite recent market volatility. Analysts will be watching whether this trend continues in the coming weeks or if sentiment begins to shift.
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