$BTC | $1.7B EXIT ā Bitcoin ETF Money Is Pulling Back š
The Bitcoin ETF honeymoon period appears to be fading. After a strong start, we are now observing a significant shift in capital flows.
Bitcoin spot ETFs have recorded 5 consecutive days of net outflows, totaling $1.7 billion. This trend suggests a pullback by institutional capital rather than just retail investors.
ETF flows are indicating a shift to a risk-off sentiment. Rising volatility and macro uncertainties are contributing factors, with underlying selling pressure increasing in the market.
Many hoped ETFs would stabilize Bitcoin. Instead, they are proving to be a rapid exit ramp when market sentiment sours. Wall Street's moves often have a ripple effect on crypto.
Is this a healthy market reset before the next rally? Or could it signal the beginning of a deeper correction? š¤
The institutional money is speaking. Astute traders are closely watching these developments.
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