Bitcoin ETF Outflows Hit $1.22B, $558M As Investor Caution
Bitcoin ETF outflows hit $1.22 billion in one week and $558 million in the latest seven days, led by major issuers such as Fidelity, ARK 21Shares and BlackRock. These fund outflows pressured Bitcoin’s price, which dropped below $100,000 after failing to reclaim $111,000. A brief 4 % rally later lifted BTC above its 50-day EMA amid U.S. stimulus hopes, but sustained ETF redemptions signal a short-term bearish phase. Crypto traders should monitor macroeconomic indicators and fund flow updates for potential trend reversals.
Bearish
Large-scale Bitcoin ETF outflows reduce liquidity and place downward pressure on BTC prices, indicating short-term bearish sentiment. Despite a technical rebound above the 50-day EMA driven by stimulus prospects, ongoing redemptions from major funds suggest traders remain cautious. Until ETF inflows resume or macroeconomic catalysts emerge, downward risk is likely to persist.