<b>Bitcoin ETFs Suffer Sharpest Weekly Outflows Since Launch</b>

The latest data from US-listed spot Bitcoin exchange-traded funds (ETFs) reveals a significant shift in investor sentiment. Over the past five trading days, these ETFs have seen a net withdrawal of $1.2 billion, marking one of their sharpest weekly outflows since launch.

This decline places the week among the three worst periods on record for US-listed spot Bitcoin ETFs. The heavy selling pressure started on Monday, May 18, when investors pulled about $647 million from these funds in a single session.

Analysts attribute this trend to broader market turbulence, including falling expectations for US interest rate cuts. Lower rate cut expectations can weigh on riskier assets, making investors more cautious and less willing to hold volatile positions.

Despite the significant outflow, institutional demand remains a major part of the crypto investment market. Total net assets across US spot Bitcoin ETFs still stood at about $98.87 billion after the withdrawals.