Nearly $870M Bitcoin ETF Outflow Sparks Sharp Drop
Bitcoin exchange-traded funds recorded nearly $870 million of withdrawals within one trading day, a wave of redemptions that coincided with a notable intraday sell-off in BTC. The sudden outflow removed liquidity from markets and intensified downside pressure, prompting traders to cut positions and bid-less order books to widen.
Large ETF flows are a barometer of institutional demand, so this one-day exodus raises short-term risk for Bitcoin even if it doesn't prove to be a sustained crash. The move could reflect profit-taking, margin stress, or a broader risk-off shift; investors and traders will be watching ETF flows, spot liquidity and futures funding closely over the coming sessions to see whether this is a temporary pullback or the start of deeper weakness.