Bitcoin Faces Price Drop Amid $972M ETF Outflows — BiyaPay Warns Major Fund Exodus Could Derail Year-End Bull Run
BTC/USDT
$44,848,329,419.30
$76,617.73 / $70,140.00
Change: $6,477.73 (9.24%)
+0.0019%
Longs pay
Bitcoin ETF outflows are increasingly being cited as a material contributor to the recent BTC price pullback, according to BiyaPay’s analysis reported by COINOTAG. Since January 2024, the market welcomed 11 physically-backed Bitcoin ETFs on U.S. exchanges, allowing institutional and retail investors to gain exposure without self-custody; these vehicles have collectively attracted approximately $53.9 billion in assets. However, the ETFs registered a net outflow of $972 million this month—the second-largest monthly withdrawal since their inception, trailing only February’s $3.56 billion. If end-of-week figures confirm continued redemptions, the shift would terminate a four-month streak of positive fund inflows, underscoring the sensitivity of spot-BTC flows to investor positioning and liquidity dynamics.
