Investors fleeing Bitcoin in record numbers while stocks party — ride the crypto sell-off
Investors have yanked $2.8 billion out of Bitcoin ETFs over nine straight days — the longest selling streak since the funds launched. Bitcoin has slipped to April lows around $72,000 even as regular stock markets keep hitting record highs, signaling that big money is abandoning crypto.
Idea
Big institutional investors are dumping Bitcoin at a record pace — $2.8 billion pulled from ETFs over nine consecutive days. This matters because those ETF flows were the main engine driving Bitcoin's rally. Without that buying pressure, the price has slid to $72,000 while the S&P 500 sits at all-time highs, an unusual split that shows money is rotating out of crypto and into AI and semiconductor stocks. A massive $9 billion options expiry is looming, which traders use as a magnet to push prices toward levels that maximize pain for buyers. With no clear catalyst to reverse the tide and selling accelerating, the downtrend looks likely to continue.