Spot Bitcoin ETF outflows total $2.9B as BTC price drops to new 2026 low
Bitcoin’s 12-day ETF outflows, derivatives data and the crypto market in tandem trading with tech stocks suggest traders will continue to cut exposure to risk assets.
Key takeaways:
Heavy outflows from Bitcoin exchange-traded funds and massive liquidations show that the market is purging highly leveraged buyers.
Bitcoin options metrics reveal that pro traders are hedging for further price drops amid a tech stock sell-off.