Billions fleeing Bitcoin ETFs while stocks hit records — ride the crypto sell-off
Investors have pulled a record $2.8 billion from Bitcoin ETFs over nine straight days of withdrawals. Meanwhile, Bitcoin has fallen to its lowest level since April even though the stock market keeps hitting all-time highs — a sign that big money is abandoning crypto.
Idea
The numbers tell a clear story: $2.8 billion has exited Bitcoin ETFs in the longest withdrawal streak since they launched. That's not random noise — it's institutional investors heading for the exits. What makes this especially worrying is that the S&P 500 and Nasdaq are at record highs. Normally Bitcoin moves in the same direction as risk-on equities, but right now it's heading south while stocks surge. That kind of divergence usually means dedicated crypto capital is rotating into AI and chip stocks instead. A $9 billion options expiry is also looming, which could accelerate the selling pressure. Until the ETF bleeding stops, the path of least resistance is down.