Bitcoin ETFs bleed $4.4B as outflow run extends to 13 trading days

US-listed spot Bitcoin ETFs saw $397 million in outflows on Wednesday, extending a 13-day red streak to $4.4 billion as Bitcoin has fallen about 21% since May 15.

Source: cointelegraph.com

Expert opinions (1)

• Anton Erpulev, CEO & Co-Founder at PowerSun Market: Most people assume institutional capital flowing out of Bitcoin ETFs signals declining crypto adoption. I see it as exactly the opposite - a sign these products are finally working as intended. $4.4B in outflows over 13 days sounds alarming until you remember these vehicles were designed to let…