Bitcoin ETFs See $2.35 Billion Outflow Over Two Weeks

Spot Bitcoin exchange-traded funds in the United States recorded net outflows of 2.35 billion dollars over the past two weeks. On Friday alone, redemptions totaled 185.4 million dollars, which points to persistent selling pressure in the sector.

BlackRock's iShares Bitcoin Trust led the trend with 143.5 million dollars in outflows on Friday. This result marks the 11th consecutive session of withdrawals for the fund since late October, totaling 2.35 billion dollars in outflows during that period.

The Fidelity Wise Origin Bitcoin Fund also recorded redemptions of 41.9 million dollars on the same day. The total volume of outflows over the past two weeks represents the largest weekly redemption movement observed since late June.

At the same time, regulatory data revealed that JPMorgan held 540 million dollars in BlackRock fund shares at the end of the third quarter. The bank also increased its stake in MicroStrategy by 36% during the same period, maintaining diversified positions in assets linked to the crypto ecosystem.

The continuous capital flight from these financial vehicles may increase Bitcoin volatility and influences how global investors perceive the risk of digital assets.