Bitcoin ETFs Lose $1.26B in Worst Week Since January

Investors are pulling their money out of cryptocurrency investment funds at the fastest pace in months, signaling growing nervousness in the market.

Bitcoin ETFs (exchange-traded funds - investment funds you can buy like stocks) lost $1.26 billion last week, marking their worst performance since late January. The withdrawals happened for six straight days, with Monday seeing the biggest single-day outflow of $648.6 million.

What's causing this exodus? Several factors are spooking investors: • Rising Treasury yields (interest rates on government bonds) hitting 12-month highs • A stronger U.S. dollar making Bitcoin less attractive • Geopolitical tensions after President Trump's latest Iran threat

Ethereum ETFs are facing an even longer losing streak - investors have been withdrawing money for 10 consecutive days, the longest stretch since March 2025. These funds lost $216 million over the week.

The price impact has been noticeable but not dramatic. Bitcoin traded around $77,500 while Ethereum hovered near $2,130 at Friday's market close. Both cryptocurrencies have been stuck in tight trading ranges all week.

Despite the outflows, BlackRock's Bitcoin fund (IBIT) remains massive with $61.1 billion in assets. However, this is now $3.7 billion below the total amount investors have put into the fund since its launch, showing how market declines have eaten into returns.

This wave of withdrawals suggests investors are becoming more cautious about cryptocurrencies amid broader market uncertainty and rising interest rates elsewhere.

This is an AI-generated summary. Read the original article at: https://www.theblock.co/post/402420/spot-bitcoin-etfs-shed-1-26-billion-in-worst-week-since-late-january-as-ether-funds-see-10-day-outflow-streak?utm_source=rss&utm_medium=rss