# Wall Street pulls $2.8 billion from Bitcoin funds — ride the crypto pullback

_AI-generated trading idea · SHORT · BITO, BTC, COIN_

> Canonical page: https://commonquant.ai/research/for-you/wall-street-pulls-2-8-billion-from-bitcoin-funds-ride-the-cr--6bd8a124-2363-4ec2-ad2a-e21a1d51d704

Big investors have pulled nearly $3 billion from Bitcoin funds over nine straight days, showing a major drop in demand just as a huge batch of Bitcoin options contracts are set to expire.

## Idea

Massive outflows from spot Bitcoin ETFs indicate that institutional enthusiasm for crypto is cooling off rapidly. With $2.8 billion withdrawn over nine sessions and a massive $9 billion options expiry approaching, selling pressure is heavily outweighing buying interest. When the largest market participants step away during a major derivatives expiration, prices typically dip further to flush out leveraged longs. Betting against Bitcoin in the short term takes advantage of this institutional retreat.

## Key details

- Symbols: BITO, BTC, COIN
- Timeframes: 1D
- Tags: \#crypto, \#etf\_flow, \#macro

## Community

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## News sources

- [US Bitcoin ETFs Bleed $2.8 Billion in Longest Outflow Streak](https://www.bloomberg.com/news/articles/2026-05-29/us-bitcoin-btc-etfs-bleed-2-8-billion-in-longest-outflow-streak) — Bloomberg
- [Bitcoin’s trapped under $74K while $9B options expiry looms: Are bears back in control?](https://cointelegraph.com/markets/bitcoins-trapped-under-74k-while-9b-options-expiry-looms-are-bears-back-in-control) — Cointelegraph

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