Investors fleeing Bitcoin ETFs at record pace — short the crypto that can't keep up with a booming stock market
Investors have yanked $2.8 billion out of Bitcoin ETFs over nine straight days — the longest withdrawal streak since these funds launched. Bitcoin has fallen to April lows around $72,000 even as the stock market keeps hitting new highs, and a massive $9 billion options expiry is looming this Friday.
Idea
The smart money is leaving crypto. Nine straight days of ETF outflows totaling $2.8 billion is the worst streak on record, meaning institutions are dumping Bitcoin en masse. The price tried to break above $83,000 and failed badly — now it's near $72,000 and looks like it's heading lower. What makes this especially dangerous for Bitcoin bulls is that everything else is rallying: the S&P 500 and Nasdaq keep hitting all-time highs, and AI stocks are soaring. When Bitcoin can't rally in a strong stock market, that's a red flag. With a $9 billion options expiry on Friday and sellers in control, the pressure is firmly to the downside.