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🔴 Bitcoin ETFs have now recorded 12 consecutive days of net outflows.
In total, roughly $4 billion has left US spot Bitcoin ETFs during this period. BlackRock's IBIT alone accounted for $2.84 billion of those outflows.
The market currently appears to favor AI-related equities, while Bitcoin is struggling to regain meaningful bullish momentum.
At the same time, concerns surrounding Strategy, the STRC program, and Michael Saylor continue to weigh on investor sentiment.
$BTC has fallen 11% over the last 7 days and has returned to the $65,000 level.