US Spot-Bitcoin ETFs Post Seventh Straight Session of Net Outflows

US spot-Bitcoin exchange-traded funds (ETFs) have been posting net outflows for seven consecutive trading sessions, according to data from SoSoValue. The combined net outflows reached $444.51 million on June 26, extending the run of net withdrawals since June 17.

The majority of these outflows came from BlackRock's IBIT, which shed a significant amount of money, with no other spot-Bitcoin ETFs showing any notable inflows or outflows during this period.

Experts are cautioning that this trend may trigger short-term risk aversion among investors, but some analysts believe that the prolonged net outflows from spot ETFs could be a sign of funds being reallocated to Bitcoin within the broader crypto market.