US-listed spot Bitcoin exchange-traded funds recorded more than $465 million in net outflows late last week, abruptly ending a two-week streak of capital inflows that had briefly interrupted a prolonged period of selling pressure.
The reversal underscores the sensitivity of digital-asset demand to shifting macroeconomic conditions, particularly as investors weigh Federal Reserve policy expectations against risk-on assets.
The outflows highlight the fragility of Bitcoin’s recent price recovery.
After a nearly two-month streak of capital flight, institutional investors had shown tentative signs of returning to the market, driving net inflows for two consecutive weeks.
However, the latest data suggests that this momentum was short-lived, with mounting concerns over interest rates and liquidity conditions prompting a swift retreat.
The episode reinforces the narrative that Bitcoin ETFs remain highly sensitive to broader market sentiment and monetary policy cues.