As current Bitcoin ETF flows turn negative, Bitcoin has fallen from its all-time high.

The pullback occurred with a change in spot Bitcoin ETF flows. This ended a 10-day inflow streak and resulted in net outflows of 347 Million $ . According to CoinGlass, this was the most significant daily pullback since March 11. Fidelity's Wise Origin Bitcoin Fund led the outflows with 166 Million $ , followed by Grayscale's GBTC with 107.5 Million $ . Ark 21Shares, Invesco, and VanEck's funds also followed suit.

BlackRock's iShares Bitcoin Trust (IBIT) stood out as an anomaly. It recorded a net inflow of 125 Million $ on the same day, extending its streak of inflows to 34 trading days.

ETF Store president Nate Geraci noted that there have been inflows of 9 billion $ into spot Bitcoin ETFs over the last five weeks, compared to outflows of approximately 3 billion $ from Gold ETFs during the same period. #bitcoin #gold