US spot Bitcoin ETFs have now posted their third consecutive week of net outflows, with more than $3.5 billion leaving the funds since May 11.
Meanwhile, BlackRock's IBIT ETF has recorded daily outflows for the past two weeks, highlighting a slowdown in institutional demand for Bitcoin during the current market environment.
Despite the selling pressure, investors are closely watching whether these outflows represent a temporary correction or the start of a broader risk-off trend across crypto markets.
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