NEW YORK, July 30 -- For seven sessions, money was flowing into US spot Bitcoin exchange-traded funds. The streak ended four sessions ago. The outflows since then have totaled $526 million.

The reversal was not dramatic on any single day. The largest withdrawal of the current streak came on July 24, when investors pulled $240 million from spot Bitcoin ETFs, according to SoSoValue data reported by Cointelegraph. The following session produced another $225 million in withdrawals. By Wednesday, when Bitcoin briefly declined to $63,100 before recovering to $64,371, the four-session total had erased the complete momentum from a sustained accumulation period that had brought nearly $1 billion into the funds during the preceding week.

The macr...