U.S. spot Bitcoin ETFs just wrapped up a rough week, bleeding $1.25 Billion in net outflows over 5 trading days ending May 22.
Despite the noise, total ETF assets still sit at a massive $98 Billion with $57B in YTD inflows.
How do you view this $1.25B institutional exit?
a). Wall Street is panic selling
b). Healthy macro re-balancing
c). Just a temporary bear trap
d). Noise, long-term trend is up