U.S.-listed spot bitcoin ETFs have recorded nearly $3.8 billion in outflows over the past five weeks, marking the longest consecutive withdrawal streak since February 2025 and highlighting ongoing institutional caution following October’s market selloff.
SoSoValue reports that $316 million left these funds last week alone, with BlackRock’s IBIT ETF leading the trend, losing $2.13 billion over the five-week period.
The data reflects continued institutional hesitancy toward bitcoin, which intensified after the early October crash revealed the cryptocurrency’s susceptibility to volatility on offshore exchanges like Binance.
Although the current streak matches February 2025 in duration, the total outflow is smaller, at $3.8 billion versus $5 billion previously. That earlier withdrawal period preceded a market decline, with bitcoin falling to roughly $75,000 in early April.
Currently, bitcoin trades just under $65,000, below the prior trough. Analysts point to persistent risk-off sentiment driven by U.S.-Iran geopolitical tensions, President Donald Trump’s recent global tariff announcement, and bearish technical chart patterns.
