# Bitcoin ETFs hemorrhaging $2.8 billion while stocks hit record highs — the crypto sell-off isn't over

_AI-generated trading idea · SHORT · BTC_

> Canonical page: https://commonquant.ai/research/for-you/bitcoin-etfs-hemorrhaging-2-8-billion-while-stocks-hit-recor--fc126dac-6fa6-4413-ad8a-2a9fe119bf77

Investors have been pulling money out of Bitcoin ETFs for nine straight days — the longest streak ever — totalling $2.8 billion in withdrawals. Meanwhile Bitcoin has slumped to its lowest since April, even though regular stock markets keep hitting new highs.

## Idea

Bitcoin is sending warning signs from every angle. Investors have pulled $2.8 billion out of Bitcoin ETFs over nine straight sessions — the longest outflow streak since the funds launched. The price has slipped below $74,000 and is stuck near April lows, even though the S&P 500 keeps notching new all-time highs. That divergence is telling: when stocks rally but Bitcoin can't keep up, it usually means large investors are heading for the exits. A massive $9 billion options expiry is also looming, which traders say gives bears the upper hand and could push prices even lower in the short run.

## Key details

- Symbols: BTC
- Timeframes: H4
- Tags: \#crypto, \#etf\_outflows, \#bearish\_divergence

## Community

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- Copies: 0
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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 slides to April lows as crypto diverges from record-chasing U.S. equities](https://www.coindesk.com/markets/2026/05/29/bitcoin-slides-to-april-lows-as-crypto-diverges-from-record-chasing-u-s-equities) — CoinDesk
- [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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