• Bitcoin ETFs have lost $3.8B over five consecutive weeks, longest streak since Feb 2025. • BlackRock’s IBIT accounts for $2.13B of redemptions, leading the outflow trend. • Institutional wariness persists after early October crash exposing offshore exchange risks. • Bitcoin trading below $65,000, down from $75,000 peak in April. • Market volatility tied to U.S.-Iran tensions, Trump tariffs, and technical price factors. • Whale selling dominates exchange inflows, short-term investors continue to sell at loss.
Article Summaries:
- U.S. spot‑bitcoin ETFs have seen a record‑length outflow streak, with investors withdrawing nearly $3.8 billion over the past five weeks - the longest since February 2025. BlackRock’s IBIT accounts for about $2.13 billion of the redemptions, the largest single‑fund loss in the period. The sell‑off reflects ongoing institutional caution after the early‑October crash, which exposed bitcoin’s vulnerability to offshore exchange manipulation. Bitcoin itself has slipped below $65 k, trading near $64.7 k, while whale selling and weaker buying power suggest a fragile bottom‑building phase.
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