The longest run of withdrawals since U.S. spot bitcoin ETFs listed in January 2024 comes as bitcoin underperforms high-flying AI and semiconductor stocks.

Crypto ETPs saw $1.47 billion in outflows last week led by US-listed spot Bitcoin ETFs, while XRP and Solana posted inflows above $1 million.

US spot Bitcoin ETFs lost $1.4B in a single week as rising Treasury yields crushed rate-cut hopes, triggering institutional risk-off sentiment.