Bitcoin has faced intense selling pressure, with the asset down 32% from its high of $126,000 on the 6th of October.
Exchange-traded funds (ETFs) remain a key channel for gauging Bitcoin market sentiment. This time, however, the behavior of investors behind these ETFs suggests deeper dynamics at play.
Bitcoin ETFs hit record outflows
U.S. Spot Bitcoin exchange-traded funds (ETFs) have remained on the bearish side of the market, recording significant outflows even as Bitcoin’s price attempts to stabilize.
Bitcoin [
$BTC ] Spot ETFs are facing renewed
$BTC pressure as traditional investors pull back capital while still maintaining exposure to the asset.
According to CryptoQuant, Cumulative Outflows from Bitcoin ETFs have reached $5.5 billion from their all-time high. As a result, total Assets Under Management (AUM) have dropped to $116.58 billion, down from a peak of $163.27 billion.
This trend confirms that traditional investors, operating through institutional ETFs, have scaled back capital inflows into the market.
Such outflows are expected during periods of weak market sentiment, especially as Bitcoin continues to range between $85,000 and $90,000.
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