$BTC Institutions hitting the exit — crypto ETFs bleed $500M
Institutional money is pulling back fast. In a single day, crypto ETFs saw nearly $500M in net outflows, showing clear risk-off behavior at the top.
U.S. spot Bitcoin ETFs led the damage with $430M in outflows, and BlackRock’s IBIT alone lost $175M. That’s not retail panic — that’s big capital trimming exposure.
Ethereum isn’t spared either. Spot ETH ETFs dropped another $80M, extending an already heavy downtrend as prices slide.
With BTC near $63K and ETH around $1.87K, ETF flows are now adding selling pressure instead of absorbing it.
The demand engine is turning into a supply source.
Is this just tactical de-risking… or the start of a deeper institutional unwind?
#Crypto #Bitcoin #ETFs