Bitcoin bleeds $2.8B in record outflows while stocks soar — short the weakness
Investors have pulled $2.8 billion out of Bitcoin ETFs over nine straight days of withdrawals—the longest streak ever. Meanwhile, $9 billion in Bitcoin options contracts are expiring, and the price has slid to April lows near $72,000 even as the stock market rallies.
Idea
Bitcoin is flashing warning signs on multiple fronts. A record nine-day streak of ETF outflows totaling $2.8 billion shows big money is heading for the exits. A massive $9 billion options expiry is putting extra selling pressure on the price right now. Perhaps most telling: the S&P 500 and Nasdaq are near all-time highs, yet Bitcoin can't rally—that divergence usually means crypto-specific selling isn't finished. When the tide of institutional money reverses this aggressively, it often takes weeks, not days, to find a bottom.