Bitcoin ETFs Post Biggest Weekly Outflow Since June as BTC Dips
Bitcoin ETFs saw their largest weekly outflow since late June, with about $1.3 billion leaving the funds. BlackRock's IBIT alone lost $1.21 billion as Bitcoin fell below $76,000 and US tech stocks sold off. Heavy fund selling can weigh on prices, so traders may watch whether demand steadies.
Why it matters
- Investors pulled a net $1.21 billion from BlackRock's IBIT last week.
- Bitcoin dropped below $76,000 in the same week, so fund outflows and price fell together.
- US technology stocks sold off at the same time, suggesting crypto moved with broader risk markets.
What to watch next
Watch whether Bitcoin holds above $76,000 and whether Bitcoin ETF flows turn positive again.
