Bitcoin ETF Outflows Reach Record Levels Amid Geopolitical Tensions

Investors have been pulling funds from cryptocurrency-based exchange-traded products (ETPs) over the past few weeks, with a significant outflow reported for the week of May 23-29. According to data from SoSoValue, global ETPs lost $1.67 billion during this period, marking the second-largest weekly outflow of 2026.

The trend continued into June, with Bitcoin ETF outflows exceeding $4.21 billion in total over three weeks. US spot Bitcoin ETFs suffered a record $1.42 billion loss for the week, while Ethereum (ETH) ETFs lost around $241 million.

Despite these negative flows, analysts remain optimistic about the long-term prospects of the market. Standard Chartered experts predict that Ethereum could reach $40,000 by 2030, driven by fundamental growth in the sector.