Bitcoin ETFs Recorded a Staggering $649 Million in Daily Outflows Recently - Tekedia

U.S. spot Bitcoin ETFs saw $649 million in daily net outflows, one of their largest single-day withdrawals.

Investors pulled back as bond yields rose, inflation concerns stayed elevated, and risk appetite weakened.

The move suggests institutional demand for Bitcoin-linked products can fade quickly when macro conditions deteriorate.

The outflows may add pressure to Bitcoin and the broader crypto market as sentiment turns more cautious.