โš ๏ธ MARKET ALERT !!!

ETF BITCOIN NET WITHDRAWAL OF 214 MILLION USD ON 6/10 โ€” ETH ETF ALSO LOST 35.6 MILLION USD ๐Ÿ”ฅ๐ŸŸก๐Ÿ“‰

According to SoSoValue, on 6/10 (US time), spot Bitcoin ETFs recorded a total net withdrawal of 214 million USD โ€” the heaviest outflow in this cycle ๐Ÿ› 

Grayscale Bitcoin Mini Trust ETF BTC is a rare bright spot with a net inflow of 17.52 million USD โ€” while the rest of the BTC ETF market is facing heavy sell pressure ๐Ÿ’ฐ

Ethereum ETF didn't escape either: total net withdrawal of 35.59 million USD. BlackRock ETHB led the inflow with 1.68 million USD โ€” not enough to offset the wave of withdrawals ๐Ÿ“Š

Three consecutive days of withdrawals, peaking at 214 million USD in one day โ€” institutions are clearly reducing exposure to crypto amidst high CPI and geopolitical tensions ๐ŸŽฏ

ETF cash flow is a crucial leading indicator. If the net withdrawal trend continues into next week, the BTC support level at 60K will be seriously tested. Not investment advice.

#BitcoinETF #EthereumETF #InstitutionalFlow

$BTC $ETH $FIGHT