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Bitcoin exchange-traded funds have shed $4.4 billion in net outflows across a 13-day stretch, according to data cited by Indonesian investment platform Pluang — a sustained bleed that marks one of the more extended redemption runs since spot crypto ETFs entered U.S.
Rather than exiting digital assets entirely, that capital appears to be rotating into funds tracking alternative cryptocurrencies, with XRP ETFs among the named beneficiaries.
What the Flow Data Shows Thirteen consecutive days of net outflows from $BTC funds is not the same thing as investors fleeing crypto.
The Pluang data points instead to a reallocation — holders pulling from the dominant, most liquid vehicle and redeploying into products tied to smaller tokens.
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