MarketPR
US spot Bitcoin exchange-traded funds have recorded their longest redemption streak on record, with cumulative net outflows reaching roughly $2.97 billion, pulling $BTC to $61,000 and erasing approximately $235 billion in market value.
ETF Outflows Reach Historic Stretch The sustained exit from US spot Bitcoin ETFs marks an unprecedented run of net redemptions, according to data tracking the funds.
The $2.97 billion cumulative outflow figure represents persistent institutional and retail selling pressure across the ETF wrapper — the vehicle that gave traditional-market participants their first regulated, on-exchange route into Bitcoin exposure.
Redemptions from spot ETFs translate directly into on-chain selling: when authorized participants return shares, fund managers must liquidate the underlying Bitcoin to meet the cash obligation.
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