Bitcoin exchange-traded funds recorded $389.7 million in outflows, according to a report originally published by Pluang. The withdrawals marked an end to a recent trend referenced in the report’s headline, though the available information does not specify the duration or composition of that trend.

Bitcoin ETFs are investment funds designed to give investors exposure to bitcoin through shares that trade on stock exchanges, rather than requiring investors to buy and hold the cryptocurrency directly. Fund flow data is commonly watched as an indicator of investor demand for these products, although inflows and outflows can change quickly.

The reported outflows highlight the continued sensitivity of bitcoin-linked investment products to changing market conditions and investor positioning. The available report does not identify which individual funds accounted for the $389.7 million, the period covered by the flows, or the factors behind the withdrawals. Bitcoin ETF activity remains closely monitored because these products connect crypto-market exposure with traditional brokerage and exchange infrastructure.