BUSINESSTHE BLOCK
Average IBIT investor now down about 40% as spot bitcoin ETFs cap second-worst week on record
The average IBIT investor has experienced a 40% decline as spot bitcoin ETFs recorded the second-worst week on record. A $444.51 million net outflow marked the seventh consecutive negative week, the longest weekly losing streak for the category.
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Related Signal
Adjacent reporting
- Spot bitcoin ETFs log sixth consecutive week of net outflows; analyst says selling wave is exhausting itself
- Spot bitcoin ETFs shed $1.26 billion in worst week since late January as ether funds see 10-day outflow streak
- Spot bitcoin ETFs extend negative streak, following $2.4 billion monthly outflows in May
- Bitcoin extends losses to the $76,000 level, hitting 2-week low
- ‘Institutional bid hasn’t disappeared’: Analysts say bitcoin cooldown, spot ETF outflows signal rotation, not exit
- Bitcoin ETF Losses Near $3B Across 10 Days as YTD Flows Turn Negative