BTC ETFs bleed $497m, Blackrock leads outflows. Selling pressure continues in the market.

BTCUSDT

Perp

90,006.3

+1.93%

The past trading week marked a significant retreat in capital from BTC Spot ETFs, ending the previous bullish streak.

🔹 Weekly net outflow Dec 15 to 19

👉The market recorded a net outflow of $497 million for the week.

👉Selling pressure was evident in 4 out of 5 trading days, peaking on Dec 15 with over $357 million withdrawn.

🔸 BlackRock takes a hit most

👉The market leader surprisingly led the sell off with a weekly net outflow of $240 million.

👉Despite short term outflows, BlackRock is historical cumulative net inflow remains massive at $62.49 billion.

When will the selling pressure finally end?

This article is for reference only, this is not investment advice. Please read and consider carefully before making a decision.