Investors yanking $2.8B from Bitcoin ETFs in record streak — short BTC while the selling continues
Investors have pulled $2.8 billion out of Bitcoin ETFs over nine straight days — the longest exit streak ever. Meanwhile Bitcoin has fallen to its lowest since April while the stock market keeps hitting records, a sign that big money is abandoning crypto for other opportunities.
Idea
The institutional money that piled into Bitcoin through ETFs is now heading for the exits in record fashion — nine straight days and $2.8 billion gone. This isn't random noise; it's the longest withdrawal streak since those ETFs launched. At the same time, Bitcoin has completely decoupled from the stock market, which keeps hitting all-time highs. Normally crypto moves with stocks, so this divergence is a red flag. A massive $9 billion in options contracts are expiring soon, and the data shows bearish positions dominate. When institutional selling, record outflows, and a bearish options expiry all line up at the same time, the path of least resistance is lower.