Spot Bitcoin ETFs recorded about $4.4 billion in net outflows across 13 consecutive trading days, according to comments from Shanaka Anslem Perera.

According to NS3.AI, Perera said the capital leaving these funds appeared to rotate into AI and semiconductor-related stocks rather than into gold.

Perera did not provide additional breakdowns of the flows by issuer or specify the time period beyond the 13-day streak.