Bitcoin ETFs Experience Five-Week Outflow Streak Amid Institutional Skepticism

Bitcoin exchange-traded funds (ETFs) have experienced a significant five-week streak of outflows, amounting to $3.8 billion. According to NS3.AI, this ongoing sell-off underscores a persistent skepticism among institutional investors following Bitcoin's sharp decline in early October. Despite recent market fluctuations, the sustained withdrawals reflect a cautious approach from investors.