Real-Time Crypto News & Market Intelligence

US Bitcoin ETFs Log Fourth Session of Outflows After Price Fails to Hold $65,000

US-listed spot Bitcoin exchange-traded funds recorded net outflows for a fourth consecutive trading session, with withdrawals reaching a combined $526 million as the cryptocurrency encountered renewed selling after slipping below $65,000. Investors pulled roughly $49.8 million from the funds in the latest session while Bitcoin briefly traded as low as $63,000.

The largest single-day redemptions occurred on July 24 and July 23, amounting to approximately $240 million and $225 million respectively. The recent outflows reversed a prior seven-session inflow period that had attracted nearly $1 billion. Cumulative net inflows into the products nevertheless stood at $51.3 billion, with total net assets at $77.2 billion as of July 28.

Market conditions remain subdued. Spot trading volumes on major platforms have declined sharply from late-2024 peaks, with one leading exchange handling about $35 billion in July compared with $246 billion in November of the previous year. Analysts note that a sustained return to an upward trend would require stronger demand and broader improvement in market sentiment.

Bitcoin traded at $64,371 at the time of writing, reflecting a 2.7 percent gain over the preceding seven days. The token had earlier touched $63,100 on Thursday, its lowest level since July 17.

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