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Bitcoin ETFs Suffer Record 9-Day Outflow Streak as $2.8 Billion Exits Funds

Investors pulled $2.8 billion from the funds over nine days as Bitcoin fell from $80,000 to $73,000, analysts said.

  • Spot Bitcoin ETFs are experiencing a nine-day outflow streak, the longest withdrawal period since launch in January 2024, pulling roughly $2.8 billion from the complex.
  • Monthly withdrawals now stand at roughly $2.3 billion as Bitcoin fell from $80,000 to $73,000 over the same period, with investors reallocating capital toward AI-related equities that have recently generated stronger returns.
  • This week alone has seen $1.3 billion exit the ETFs, extending a three-week outflow streak. BlackRock's IBIT recorded its largest single-day outflow since launch, driven by a sizeable dark pool transaction.
  • The 50-day SMA at $77,211 sits below the 200-day SMA at $79,816, maintaining the death cross pattern. Meanwhile, the 20-day EMA at $76,637 and 50-day EMA at $76,387 sit close together, pointing to choppy sideways action.
  • Interestingly, Glassnode data shows the 14-day moving average of ETF flows tends to bottom near significant price turning points. Sustained ETF outflows have historically coincided with periods of market stress that later developed into local bottoms.
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Crypto Briefing broke the news on Friday, May 29, 2026.
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