Bitcoin ETFs Sold Off in 7 of 8 Major Crashes, DWF Labs Report Finds
A new DWF Labs report shared with CryptoSlate found that US spot Bitcoin ETFs recorded outflows in seven of eight major selloffs. The funds consistently lost money during declines of at least 15% since their January 2024 launch. This challenges the idea that Wall Street investors would steady prices during downturns.
Why it matters
- US spot Bitcoin ETFs saw outflows in seven of eight major selloffs, according to the report.
- The funds lost money during every market drop of at least 15% since their January 2024 launch.
- ETF selling during downturns could add pressure to Bitcoin prices when the market is already falling.
What to watch next
Watch for daily ETF flow data during the next market drop of 15% or more to see whether the pattern holds.
