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Bitcoin ETFs experienced $4.4 billion in outflows last month, but most investors remain in the game. 📉 Spot Bitcoin ETFs recorded approximately $BTC 4.4 billion in net outflows last month, bringing year-to-date net inflows back into negative territory. However, some notable points remain: • BlackRock's IBIT and several other ETFs maintained positive year-to-date inflows. • Total net inflows since the launch of Bitcoin ETFs still stand at around $BTC 55 billion. • Approximately 80% of assets are still held within the funds. Compared to the GLD gold ETF in its early years, where only about 40% of capital was retained when gold prices adjusted, Bitcoin ETF investors currently show a relatively high level of holdings despite market pressure. #NFPBlowout172K #BTCETFOutflowRecord #ZECOrchardInfiniteMint