Spot Bitcoin ETF outflows total $2.9B as BTC price drops to new 2026 low

💡 DMK Insight

Bitcoin’s recent ETF outflows signal a shift in trader sentiment, and here’s why that matters: The 12-day trend of outflows indicates that traders are pulling back from risk assets, likely influenced by broader market volatility and uncertainty in tech stocks. This behavior suggests a cautious approach as traders reassess their positions, which could lead to further declines in Bitcoin and related assets. If this trend continues, we might see Bitcoin testing key support levels, potentially around recent lows, which could trigger stop-loss orders and exacerbate selling pressure. But it’s worth noting that this could also present a buying opportunity for contrarian traders if Bitcoin finds solid support. Keep an eye on the correlation with tech stocks; if they stabilize, Bitcoin might follow suit. Watch for any reversal patterns on the daily charts, as they could signal a shift back into risk assets. For now, monitor the ETF outflows closely—if they reverse, it could indicate renewed interest in Bitcoin and a potential rebound.