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Bitcoin ETF Funds Experience Massive Outflows, Hit Record Lows
Bitcoin spot ETFs are experiencing rare and sustained net outflows. Taking the largest Bitcoin ETF as an example, last week saw a weekly net outflow of $244 million, marking the second consecutive week of fund withdrawals.
More notably, over the past 10 weeks, 8 weeks have experienced outflows, and throughout the entire cycle since launch, there have been a total of 20 weekly outflows. This frequent and continuous withdrawal of funds indicates a clear shift in investor sentiment, possibly reflecting concerns about short-term market trends.
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2.4 billion USD outflow... now it’s really a matter of who can hold on until the end
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Wait, is this the same old trick of institutions cutting the leeks again?
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I just want to know, where exactly is the bottom...
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Capital withdrawal ≠ Bitcoin is doomed, don’t confuse these two things
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Two consecutive weeks of net outflows? Has the bear market really arrived...
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Oh my, I haven’t even bought in yet and it’s crashing
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This is exactly the right time to build positions, everyone
Time to wake up, stop fooling yourself.
Here we go again... Every time they say it's bottoming out, but what’s the result?
What does capital withdrawal indicate? It shows that no one really knows.
Is capital flowing out for 8 or 10 weeks? Laughable, is this what they call "institutions are optimistic"?
For those holding on, wait and see. I’ll go first.
Alright, same old story, time to buy the dip, brothers.
Honestly, if institutions want to dump, let them. Anyway, I have no money left haha.
Over 200 million? Child's play, let's wait and see the rebound.
Is this data real? Why does it not seem that exaggerated?
Continuous outflows, just let them flow out. Anyway, the bottom is already this much.
That's not right, why are mainstream media only reporting now? What were they doing earlier?
Here we go again, every time they say new lows. Bitcoin is still alive.
How much does this wave need to drop to feel safe? Has anyone calculated?