Bitcoin ETF Outflows Hit Months-High While BTC Fights to Hold $80K
Bitcoin ETF outflows hit their worst seven-day average since mid-February, but this time BTC trades above $80K. Institutions sold into strength, not fear.
Bitcoin ETF Outflows Hit Months-High While BTC Fights to Hold $80K. Bitcoin ETF outflows hit their worst seven-day average since mid-February, but this time BTC trades above $80K. Institutions sold into strength, not fear. The exits started quietly. Then the weekly average told a different story. According to Glassnode on X, the seven-day simple moving average of US spot Bitcoin ETF net flows dropped to negative $88 million per day. That figure is the largest single-week outflow reading since mid-February. What makes it unusual: Bitcoin was not falling when this happened. BTC was trading near $80,000. February’s outflows, by contrast, hit during price weakness. That distinction matters. Glassnode put it plainly on X: institutional participants were using the recent recovery as an exit, not responding to fear. The capital left while price...