“Bitcoin ETFs Shed $1.16B as Bitwise Sees Short-Term Selling Pressure” — what this page in the network covers. Spot Bitcoin exchange-traded funds (ETFs) recorded $1.16 billion in net outflows, reflecting a sharp shift in investor sentiment. André Dragosch, head of research at Bitwise, described the selling as 'short-term,' driven by weaker market sentiment rather than a fundamental change in institutional po André Dragosch, head of research at Bitwise, described the selling as 'short-term,' driven by weaker market sentiment rather than a fundamental change in institutional positioning. He noted that institutions have largely maintained their exposure despite the pullback.
The outflows come amid broader crypto market volatility, with Bitcoin's price struggling to hold key levels. While retail investors have shown signs of caution, Dragosch emphasized that long-term holders and professional allocators remain engaged. The $1.16 billion figure marks one of the largest weekly redemption totals since the launch of spot Bitcoin ETFs, underscoring the sensitivity of these products to short-term price swings. This listing links straight to the original page, where the content is available in full.