Is the Crypto Market Walking Into a Bull Trap? Bitcoin ETF Records Five Straight Days of Outflow
AI summary
US spot Bitcoin ETFs have posted net outflows for five consecutive sessions, totaling $1.44 billion, while BTC trades below $75,000. Sustained ETF redemptions signal weakening institutional demand and remove a key source of spot buying that supported earlier rallies. Traders will watch whether outflows persist, since continued bleeding could deepen the pullback and raise questions about whether recent strength was a bull trap.
