US Bitcoin ETFs experienced four consecutive outflow sessions totaling $526 million as the cryptocurrency struggled to hold above $65K. Despite recent selling pressure, overall inflows remain steady.
In a series of events over the past week, US spot Bitcoin exchange-traded funds (ETFs) have experienced four consecutive days of outflows, totaling approximately $526 million as of July 29, 2026. This trend comes after Bitcoin faced renewed selling pressure and briefly fell below the crucial心理锚定点$65K.
The largest withdrawal occurred on July 24th and 23rd, with outflows reaching about $240 million and $225 million respectively, according to data from SoSoValue. Despite these outflows, cumulative net inflows for Bitcoin ETFs remain at around $51.3 billion as of the same date, indicating a steady demand despite volatility.
This recent outflow streak follows a seven-day inflow period that brought in nearly $1 billion. CryptoQuant community analyst Darkfost noted that a return to bullish trends would require renewed investor interest and improved market conditions. He pointed out that spot volumes on major exchanges have significantly decreased, with Binance recording only about $35 billion in July compared to the $246 billion seen in November 2024.
As of publication, Bitcoin was trading at approximately $64,371, a slight increase from its low point of $63,100 on Thursday. This marked the lowest level since July 17th. The outflows and volatility highlight ongoing concerns about macroeconomic factors and market sentiment impacting cryptocurrency prices.
Traders should continue to monitor several key indicators: Bitcoin ETFs' net inflows or outflows, spot volumes on major exchanges, and broader economic conditions such as interest rates from central banks like the Bank of Japan. These factors can significantly influence investor behavior in both traditional markets and cryptocurrencies alike.
The implications for traders are clear: while short-term volatility remains a concern, sustained outflows could signal a shift in long-term investment strategies or increased caution among institutional investors.
Source: Cointelegraph. Summarized and rewritten by the Vexoda Newsroom. This is market news, not financial advice.