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  • Blockchain Timeline

Bitcoin ETFs back to negative weekly flows after halving

Bitcoin ETF weekly flows closed at negative $328 million last week marking the 3rd worst performance since approval. Fund flows started the week positively at $93 million inflows but the last 3 trading sessions saw record outflows of $420 million.

Bitcoin ETFs just had their worst week since approval in January

Total weekly volume was the lowest since February indicating low levels of interest from investors post halving. GBTC continued seeing only outflows on its ETF which currently holds 298,000 bitcoins while BlackRock's IBIT is catching up fast with 274,000 bitcoins.


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