What's Happening With Bitcoin Right Now?
Bitcoin is having a rough stretch. The asset is trading around $63,600, a far cry from its October 2025 all-time high near $126,000 — a drawdown of roughly 50% from the peak. But the price alone doesn't tell the full story. The more significant development is where the selling is coming from: the spot Bitcoin ETFs that were supposed to be crypto's steady institutional anchor.
Bitcoin price in USDThose ETFs have been bleeding capital at a historic pace. The recent weeks have seen one of the most sustained institutional withdrawals since these products launched in 2024 — a clear signal that big-money sentiment has turned defensive.
How Bad Are the Bitcoin ETF Outflows?
The numbers are striking. Spot Bitcoin ETFs recently posted their longest losing streak on record. From May 15 to June 3, spot bitcoin ETFs faced their longest outflow streak since their 2024 launch — 13 consecutive trading days, losing $4.33 ...
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