Record $3.4B Bitcoin ETF exodus as money chases AI stocks — brace for more crypto weakness
Investors have pulled $3.4 billion out of Bitcoin ETFs over 11 straight sessions — the longest streak since these funds launched. At the same time, Bitcoin has slipped below $71,000, and one of its biggest corporate holders (Strategy) disclosed its first-ever Bitcoin sale.
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Money is flowing out of Bitcoin at a record pace — $3.4 billion in ETF redemptions over 11 straight days — and rotating into surging AI stocks instead. That kind of sustained selling pressure has historically pushed Bitcoin lower over the following week. The news that Strategy, one of Bitcoin's biggest corporate backers, sold some of its holdings adds another layer of concern: if even the believers are trimming, casual investors may follow. With BTC already below $71,000 and momentum fading, the path of least resistance looks to be down in the near term.