$2.8 billion fleeing Bitcoin ETFs while stocks hit records — ride the crypto sell-off
Investors have pulled $2.8 billion out of Bitcoin ETFs over nine straight days — the longest streak ever — while the stock market keeps hitting record highs. Bitcoin has slipped to its lowest level since April, and a massive $9 billion in options contracts are expiring Friday, which could push it even lower.
Idea
When stocks are at all-time highs and Bitcoin can't rally, that tells you the selling in crypto is real and deliberate, not just a broad market dip. The record-breaking ETF outflows mean big money is exiting Bitcoin and rotating into AI and semiconductor stocks instead. With $9 billion in options expiring and bears in control of that market, there's downward pressure ahead. This divergence between a booming stock market and a sinking Bitcoin is exactly the kind of warning sign that precedes deeper slides.