Wall Street Turns Cautious as Bitcoin ETF Outflows Accelerate
The post Wall Street Turns Cautious as Bitcoin ETF Outflows Accelerate appeared on BitcoinEthereumNews.com. BlackRock’s IBIT led the losses with $68.9 million in outflows, followed by Fidelity’s FBTC. Since May 14, roughly $1.55 billion has left US Bitcoin ETFs as institutional demand weakened. Major firms like Jane Street and Goldman Sachs also reduced their Bitcoin ETF exposure during the first quarter of the year. Bitcoin ETF Demand Collapses The US spot Bitcoin exchange-traded fund (ETF) market is edging closer to posting net outflows for 2026 after a prolonged stretch of negative investor sentiment. On Friday alone, the Bitcoin ETF market recorded another $105.2 million in net outflows, which was the sixth consecutive trading day of withdrawals from the sector. The latest figures dropped total net inflows for the year to just $536 million. BlackRock’s iShares Bitcoin Trust (IBIT), which carried the ETF market throughout the year, recorded the biggest losses on Friday with $68.9 mi