US spot Bitcoin ETFs saw $1.42B in outflows last week, the third largest ever. BlackRock's IBIT led with $966M as institutions de-risk amid macro headwinds.

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.

Spot Bitcoin (CRYPTO: BTC) ETFs have recorded nine consecutive days of net outflows, the longest withdrawal streak since launch in January 2024, pulling roughly $2.8 b