Bitcoin ETF: $1.2B exit in 3 days, the most since March – What now?
The post Bitcoin ETF: $1.2B exit in 3 days, the most since March – What now? appeared on BitcoinEthereumNews.com. Bitcoin ETF outflows hit $1.21B as network activity and retail growth surge. Price breaks trendline while miners sell and valuation metrics sharply deteriorate. Bitcoin [BTC] ETF products witnessed their largest capital flight in nearly three months, with $1.21 billion exiting in just three trading days. This rare outflow marks the first time since mid-March that net withdrawals from Bitcoin ETFs have crossed the billion-dollar mark. Such consistent outflows from institutional products typically reflect deteriorating confidence among large investors. Naturally, the timing rattled markets. The exit came just as multiple valuation models weakened, and miner behavior began shifting, potentially adding fresh sell pressure to an already fragile structure. Are network fundamentals strong enough to offset ETF fear? Despite institutional retreat, on-chain data revealed a resurgence in Bitcoin’s network activity. Active Addresses rose 22.66% over the past week, while New Addresses climbed 11.94%. Moreover, Zero Balance Addresses soared 53.41%, likely indicating wallet reactivation or increased churn. These spikes suggest renewed retail interest or increased market rotation. However, such behavioral signals may not carry enough weight to counterbalance the implications of large-scale ETF redemptions unless they lead to consistent demand pressure at higher prices. Source: IntoTheBlock Do weakening BTC valuation metrics signal a price top? On top of that, long-view valuation signals dimmed. Both NVT Golden Cross and Stock-to-Flow Ratio have posted sharp declines, raising concerns about Bitcoin’s current valuation structure. The NVT Golden Cross dropped 53%, pointing to low transaction volume relative to market cap. Simultaneously, the S2F Ratio plunged 50%, eroding confidence in Bitcoin’s long-term scarcity model. While these drops don’t confirm immediate downside, they often precede local tops, especially when investor conviction weakens across multiple metrics. Source: CryptoQuant Is smart money quietly exiting while retail holds? Zooming in, UTXO data showed that 98.56% of outputs remain in profit, a historically…
The post Bitcoin ETF: $1.2B exit in 3 days, the most since March – What now? appeared on BitcoinEthereumNews.com.
Bitcoin ETF outflows hit $1.21B as network activity and retail growth surge. Price breaks trendline while miners sell and valuation metrics sharply deteriorate. Bitcoin [BTC] ETF products witnessed their largest capital flight in nearly three months, with $1.21 billion exiting in just three trading days. This rare outflow marks the first time since mid-March that net withdrawals from Bitcoin ETFs have crossed the billion-dollar mark. Such consistent outflows from institutional products typically reflect deteriorating confidence among large investors. Naturally, the timing rattled markets. The exit came just as multiple valuation models weakened, and miner behavior began shifting, potentially adding fresh sell pressure to an already fragile structure. Are network fundamentals strong enough to offset ETF fear? Despite institutional retreat, on-chain data revealed a resurgence in Bitcoin’s network activity. Active Addresses rose 22.66% over the past week, while New Addresses climbed 11.94%. Moreover, Zero Balance Addresses soared 53.41%, likely indicating wallet reactivation or increased churn. These spikes suggest renewed retail interest or increased market rotation. However, such behavioral signals may not carry enough weight to counterbalance the implications of large-scale ETF redemptions unless they lead to consistent demand pressure at higher prices. Source: IntoTheBlock Do weakening BTC valuation metrics signal a price top? On top of that, long-view valuation signals dimmed. Both NVT Golden Cross and Stock-to-Flow Ratio have posted sharp declines, raising concerns about Bitcoin’s current valuation structure. The NVT Golden Cross dropped 53%, pointing to low transaction volume relative to market cap. Simultaneously, the S2F Ratio plunged 50%, eroding confidence in Bitcoin’s long-term scarcity model. While these drops don’t confirm immediate downside, they often precede local tops, especially when investor conviction weakens across multiple metrics. Source: CryptoQuant Is smart money quietly exiting while retail holds? Zooming in, UTXO data showed that 98.56% of outputs remain in profit, a historically…
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