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Bitcoin ETF outflows reach record nine-day streak as investors pull $2.8 billion

CoinDesk·May 29Read the full story →

Hex37's read

  • Bitcoin ETF outflows hit a record nine-day streak.
  • Investors have withdrawn $2.8 billion from Bitcoin ETFs.
  • This marks the longest outflow streak since ETFs launched.
  • Bitcoin is underperforming AI and semiconductor stocks.

What it means for traders

  • Sustained ETF outflows suggest bearish sentiment or profit-taking in BTC.
  • Bitcoin's underperformance relative to AI/semiconductor stocks may continue.

Affected markets

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