Spot Bitcoin ETFs experienced a notable reversal, recording a net outflow of $296.18 million for the week ending Friday. This marks the end of a four-week inflow streak that previously brought in over $2.2 billion. Back-to-back daily withdrawals on Thursday and Friday totaled more than $396 million. Cumulative net inflows into these ETFs now stand at $55.93 billion, with total net assets slipping to $84.77 billion from over $90 billion the prior week.
A Bitunix analyst commented that current macroeconomic stability conceals deeper risks, indicating capital reluctance to take directional risk in Bitcoin, which remains within a range of $65,000 to $72,000. Meanwhile, Ethereum ETFs also faced outflows, totaling $206.58 million for the week.