📊 Reading Bitcoin ETF flows:

$BTC ‌
So far this week, US Bitcoin ETFs have recorded outflows of $1.3 billion, making it the third-largest outflow week in their history. The three largest outflow weeks are:

· March 2, 2025 (at 79K$)
· June 6, 2026 (at 60K$)
· February 6, 2026 (at 60K$)

Tally for 2026 so far:

· Total sales: $12.5 billion
· Of which $8.5 billion was made between 60K$ and February, to date
· Total purchases: $6.7 billion
· Net outflow: $5.7 billion

Analysis:
Bitcoin has absorbed $8.5 billion in selling pressure from ETFs while above 60K$, reflecting remarkable resilience. What we are seeing here, in my opinion, is institutional capitulation by ETFs—a scene that often accompanies the formation of major bottoms.

Conclusion: The market is absorbing massive selling liquidity without a catastrophic collapse. This is worth closely monitoring.