🚨 Bitcoin ETFs Keep Draining Cash $3B+ Sold YTD 📉
Spot BTC ETFs saw another $318M outflow last week, adding to $2.82B from prior weeks $3.1B+ total YTD. Institutional demand is cooling.
Key Takeaways:
Institutions are trimming exposure, not panic selling.
Outflows can add short-term downward pressure on BTC.
Macro rotation may favor bonds, gold, or USD assets.
If outflows ease, sentiment could rebound fast.
Current Prices:
$BTC 68,600 -2.3%
$ETH 2,019 -3.6%
$BNB 618 -3.5%
#Bitcoin #BTC #ETFOutflows #CryptoMarket