Bitcoin ETFs Experience Record Outflows Over 13 Days

Spot Bitcoin ETFs experienced 13 consecutive days of net outflows from May 15 to June 3, according to Galaxy Research. The cumulative outflows amounted to $4.33 billion, equivalent to approximately 59,351 BTC. Galaxy Research noted that the 7-day, 10-day, and 20-day rolling outflow windows each reached all-time highs during this period.