Bitcoin ETF Outflows Hit Record $4.57 Billion Amid Market Volatility

Bitcoin exchange-traded funds (ETFs) have experienced unprecedented outflows, shedding a record $4.57 billion over the past two months. This significant capital movement highlights growing investor caution and profit-taking in the cryptocurrency market. Analysts point to macroeconomic pressures, including shifting interest rate expectations and geopolitical tensions, as key drivers behind the withdrawal trend. Major funds like Grayscale's GBTC have seen substantial redemptions, contributing to the overall negative flow. The record outflow period underscores the volatile nature of crypto investments and raises questions about near-term sentiment. Market observers are now closely watching for stabilization signals or a potential reversal in ETF flows as a key indicator for Bitcoin's price direction.