Bitcoin ETFs shed $1.3B over 2 weeks amid market slump. Bitcoin ETFs have seen outflows of $1.3 billion Bitcoin in the last two weeks of trading, but analysts expect markets to rally higher in the coming months. Outflows from United States spot Bitcoin exchange-traded funds (ETFs) reached $1.3 billion over the last two weeks as the price of Bitcoin continues to decline. According to data from Farside Investors, the total outflow for Bitcoin ETFs notched $1.298 billion over the last two trading weeks with Grayscale leading outflows at $517.3 million in the same period.Notably, BlackRock’s Bitcoin ETF has been the only fund to post positive results, raking in $43.1 million worth of inflows over the last two weeks.
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