Bitcoin faced renewed selling pressure this week as large investment funds pulled money out at a pace not seen in months.

Reports from Farside Investors showed that spot Bitcoin ETFs recorded about $866 million in withdrawals on Thursday, a sharp move that arrived even after the US government reopened following a 43-day shutdown .

The flow of money leaving these funds caught the attention of traders who had expected a stronger reaction once political uncertainty cleared.

Heavy Withdrawals Hit Major Bitcoin Funds

According to new data, this wave of outflows marked the second straight session of losses for US-listed spot Bitcoin ETFs.

A separate reading from SoSoValue pointed to nearly $897 million leaving those products on the same day, suggesting widespread pullback from instituti

See Full Page