$910M in ETF Outflows Add to Institutional Caution

[madtrader]

Beyond derivatives markets, institutional sentiment appears fragile. US-listed Bitcoin ETFs have recorded $910 million in net outflows since Feb. 11, signaling cooling demand from traditional investors. This pullback comes even as gold trades near record highs and the S&P 500 sits just 2% below its all-time peak — suggesting the risk aversion is largely crypto-specific.

ETF flows are often viewed as a proxy for institutional conviction. While Bitcoin remains 47% below its October all-time high, the lack of sustained ETF inflows has likely unsettled bullish traders. Without renewed institutional buying, momentum remains difficult to rebuild.

[johnblockbuster]

feels like nobody wants to call for $60K publicly but they’re quietly positioning for it anyway