Bitcoin's biggest ETF selloff yet hits $3.4 billion as AI stocks keep climbing
1 min readAnalysis by AlgoThesis Editorial Desk
The story
U.S. spot Bitcoin ETFs suffered 11 consecutive days of net outflows totaling $3.4 billion — the worst redemption streak since launch — as risk capital rotates into AI-driven equities. The setup is a continued near-term headwind for IBIT and FBTC, with whale accumulation at 2022 lows and no visible institutional bid to arrest the trend.
The two-sided take
0 of 2 names have verified EOD history. The basket chart is hidden rather than showing illustrative data.Missing: IBIT, FBTC
The house read
Wrong ifA sudden macro risk-off shock (e.g., equity selloff) could flip Bitcoin to safe-haven-adjacent status and trigger a sharp reversal; any large sovereign or corporate BTC purchase announcement would invalidate the flow narrative immediately.
Published read · research, not advice