The bleeding won’t stop for spot bitcoin ETFs. Friday saw another $444.51 million in net outflows, capping off a seventh consecutive negative week — the longest weekly losing streak on record for the category.
The average IBIT investor is now sitting on roughly a 40% loss. That’s a brutal stretch, even by crypto standards.
Seven weeks of consistent outflows suggests this isn’t just panic selling — it’s a sustained shift in sentiment. Whether that’s institutional rebalancing, macro uncertainty, or simply investors giving up on the post-ETF-launch optimism, the trend is hard to ignore.
For reference, the launch of spot bitcoin ETFs was supposed to be the gateway for mainstream adoption. And while inflows were strong initially, the last two months tell a very different story.
