Bloomberg analyst: Most bitcoin ETF investors stayed put despite outflows

Most bitcoin ETF investors have remained invested despite heavy redemptions, Bloomberg Intelligence analyst James Seyffart said. According to CoinDesk, bitcoin ETFs have logged four straight weeks of more than $1 billion in net outflows, with roughly $9 billion exiting since their recent peak, even as the products still show about $50 billion-plus in cumulative net inflows since launch. Seyffart said outflows can be a normal consolidation phase for liquid ETF products, while Solana and XRP ETFs have continued attracting assets and Hyperliquid ETFs have gathered about $161 million since launching in May.