Bitcoin ETFs Post $1B Outflows Over Three Days

TL;DR: Outflow total: Bitcoin ETFs saw $1.16 billion in net outflows over three trading days, with Tuesday’s $116 million marking a slowdown from prior sessions. Bitwise’s view: Head of research André Dragosch says the pullback reflects a short-term risk-off mood, not a structural shift, citing survey data showing institutions held positions. Custody concerns: The Binance hack sparked questions about ETF custody, but Dragosch notes institutional funds use cold storage at Coinbase, unlike exchange hot wallets. Bitcoin ETFs recorded more than $1 billion in net outflows over three trading days . Still, crypto asset manager Bitwise says the withdrawals do not signal a lasting retreat by institutional investors. Investors pulled another $116 million from the funds on Tuesday , bringing net outflows since Friday to $1.16 billion, according to SoSoValue data.

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