US-listed spot Bitcoin exchange-traded funds recorded their largest 30-day net outflow since launching in January 2024 amid a crypto bear market.

According to data from Galaxy Research, US Bitcoin ETFs saw $6.35 billion in net outflows over a trailing 30 trading days. It also comes as they registered their sixth week of outflows last week, bringing their cumulative net flow to $53.4 billion, down from their $63 billion peak in October 2025.

Galaxy Research said the daily outflows are “still deepening day over day.”

The outflows could reflect waning sentiment from institutional investors for Bitcoin. However, BlackRock US head of equity ETFs Jay Jacobs told Cointelegraph on Thursday that there are many other reasons why outflows…