Bitcoin ETFs Face $3B in Losses Amid 10-Day Outflow Streak
Published on Β· Source: finance.yahoo.com
AI Summary
Summarized by AI from the source belowU.S. spot Bitcoin exchange-traded funds (ETFs) have recorded net outflows for 10 consecutive days, resulting in nearly $3 billion lost since May 15, marking a significant milestone for 2026. As a result, year-to-date flows have turned negative for the first time, with assets under management dropping from over $104 billion to approximately $94 billion. Cumulative net inflows since the beginning of the year decreased from $57 billion to $55.66 billion. Bitcoin (BTC) is currently trading down 1.6% at around $72,600, while altcoin participation continues to shift towards a smaller number of assets.
Informational only, not financial advice. Content is AI-generated and may contain errors. How this works.
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