Spot bitcoin exchange-traded funds in the U.S. saw their largest weekly net outflows since February 2025.
According to data from SoSoValue, the bitcoin ETFs reported $1.72 billion in net outflows last week. The funds posted sizable net outflows throughout the week, with the exception of Thursday, when they reported $3 million in net inflows.
Notably, BlackRock's IBIT, the largest bitcoin ETF by net assets, recorded $1.34 billion worth of outflows last week, marking its largest weekly net outflow since its launch in January 2024.
This extends the negative flow trend from May, when the funds recorded $2.43 billion in monthly net outflows.
Andri Fauzan Adziima, research lead at Bitrue Research Institute, told The Block that last week's ETF outflows were primarily driven by macroeconomic headlines, especially the recent U.S. jobs data.
