Bitcoin ETFs Lose Another $166M as Five-Week Withdrawals Near $4B

Bitcoin ETFs logged another day of outflows Thursday, extending a five-week losing streak that has now erased nearly $4 billion from the products. Spot Bitcoin ETFs saw $165.76 million in net outflows on February 19, marking the third consecutive day of redemptions, according to SoSoValue data. The latest withdrawals bring the five-week total to just under $4 billion, following weekly outflows of $403.9 million, $359.9 million, $318.1 million, $1.49 billion, and $1.33 billion since mid-January. The sust ...