Data from market trackers reveals a substantial outflow from US-listed spot Bitcoin ETFs yesterday, with a net withdrawal of $486.91 million. This shift reflects growing investor caution following recent price gains, as market momentum transitions from aggressive buying to profit-taking and consolidation.
What the Capital Move Signals
The surge in outflows stems from a confluence of factors. Bitcoin has been trading sideways near key resistance levels without a decisive breakout, while shifting macroeconomic expectations—especially around Federal Reserve policy—have made investors more selective about risk exposure.
- Largest single-day outflow in recent weeks
- Multiple ETFs reported concurrent redemption pressure
- On-chain movement of large transactions stabilizing
Despite the short-term capital retreat, long-term holder behavior remains steady, suggesting underlying confidence persists. This correction may be setting the stage for future momentum, with volume trends and on-chain activity serving as critical watchpoints.