Billions fleeing Bitcoin ETFs while stocks party — ride the crypto sell-off
Investors have pulled $2.8 billion out of Bitcoin ETFs over nine straight days — the longest selling streak since those funds launched. Bitcoin has fallen to its lowest level since April while the stock market keeps hitting new highs, a troubling sign that crypto is losing momentum even when risk appetite is strong elsewhere.
Idea
This isn't just a bad week for Bitcoin — it's a structural shift in who's selling. The record nine-day, $2.8 billion exodus from Bitcoin ETFs means the big institutional buyers who drove the rally are heading for the exits. Meanwhile, the stock market keeps making all-time highs and Bitcoin can't keep up, which tells you the selling pressure is crypto-specific, not a broad risk-off move. With $9 billion in options expiring and prices already pinned below $74,000, the deck is stacked for further downside in the near term. Retail dip-buyers are trying to hold the line around $72,000, but if that level cracks, there's not much support until much lower.