Spot Bitcoin ETFs Extend Outflow Streak as Crypto Market Faces Pressure

Spot bitcoin exchange traded funds in the United States recorded another week of net outflows, extending the negative streak to six consecutive weeks as investors continue shifting capital away from crypto products.

Data showed bitcoin ETFs lost nearly $227 million during the latest trading week, bringing total outflows over the six-week period to almost $6 billion. Despite the continued withdrawals, analysts noted the pace of selling has slowed significantly compared with earlier weeks in June.

Investors Shift Focus Toward AI and Tech Stocks

Market analysts believe part of the capital rotation is linked to growing investor interest in artificial intelligence companies and technology related equities. Recent attention around major AI firms and upcoming public listings has attracted institutional money away from digital assets.

At the same time, higher bond yields and a more hawkish stance from the Federal Reserve have kept pressure on risk assets, including cryptocurrencies.

Bitcoin Price Holds Near $64,000

Bitcoin remained relatively stable near the $64,000 level even as ETF outflows continued. Analysts said much of the recent selling may be tied to arbitrage and trading strategies rather than long-term investors exiting the market completely.

Some institutional investors, including pension funds and endowments, have reportedly maintained exposure despite recent volatility.