Bitcoin's biggest ETF selloff yet hits $3.4 billion as AI stocks keep climbing
Crypto
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.
0 reads·0 theses
Angle
↓ SHORT-10% target+4% stop2-3 weeks
Short IBIT into continued ETF bleed — 11-session outflow streak, collapsing whale demand, and AI equity rotation all point to more downside before a floor forms.