{"id":5027,"date":"2026-06-03T15:15:19","date_gmt":"2026-06-03T15:15:19","guid":{"rendered":"https:\/\/tradertideinsights.com\/?p=5027"},"modified":"2026-06-03T15:15:19","modified_gmt":"2026-06-03T15:15:19","slug":"us-spot-bitcoin-etfs-see-record-11-day-outflow-streak","status":"publish","type":"post","link":"https:\/\/tradertideinsights.com\/?p=5027","title":{"rendered":"US Spot Bitcoin ETFs See Record 11-Day Outflow Streak"},"content":{"rendered":"<\/p>\n<ul class=\"wp-block-list\">\n<li><strong>According to data source SoSoValue, investors pulled $3.45 billion over 11 trading sessions as bitcoin plummeted under\u00a0$70,000 from US spot bitcoin ETFs.<\/strong><\/li>\n<li><strong>This shift occurs at the same time when other indicators of institutional demand are showing signs of weakness.<\/strong><\/li>\n<\/ul>\n<p>After Monday&#8217;s admission of a minor BTC sale by Strategy (MSTR), the crypto markets continued to hemorrhage downward, with <a href=\"https:\/\/thenewscrypto.com\/bitcoin-bulls-face-growing-market-headwinds\/\" data-wpel-link=\"internal\">bitcoin<\/a> (BTC) leading the pack.<\/p>\n<p>Bitcoin was trading around $69,000 an hour before U.S. stock markets opened on Tuesday morning, reflecting a 4.5% decline over the previous 24 hours. Although the $60,000 low on February 6 was brief, there was a wick to the downside. The $63,000 level is likely to be the point at which markets begin to contemplate a &#8220;re-test&#8221; of the bottom.<\/p>\n<h3 class=\"wp-block-heading\" id=\"h-longest-redemption-streak\">Longest Redemption Streak<\/h3>\n<p>According to data source SoSoValue, investors pulled $3.45 billion over 11 trading sessions as bitcoin plummeted under\u00a0$70,000 from US spot bitcoin ETFs, the longest withdrawal run on record. The record-breaking 11-session streak started on May 15, exceeding the eight-day record established in February 2025 and making it the longest stretch of net redemptions since the funds&#8217; introduction in January 2024.<\/p>\n<p>Stocks related to semiconductors and artificial intelligence continue to pique investors&#8217; curiosity, and Wall Street&#8217;s penchant for risk is evident with Nvidia&#8217;s 6% gain. In the most recent session, investors pulled $484 million out of the funds, contributing to a 4% decline in the price of Bitcoin throughout the Asian trading day.<\/p>\n<p>Although the transaction only accounted for a small portion of Strategy&#8217;s holdings, it was the first time the business had sold bitcoin since December 2022 and after months of buy-and-hold advocacy by Executive Chairman <a href=\"https:\/\/thenewscrypto.com\/michael-saylor-signals-potential-return-to-bitcoin-buying\/\" data-wpel-link=\"internal\">Michael Saylor<\/a>.<\/p>\n<p>This shift occurs at the same time when other indicators of institutional demand are showing signs of weakness. A growing number of people are opting to store bitcoin rather than purchase it, according to CryptoQuant&#8217;s most recent weekly analysis.<\/p>\n<p>A further indicator that one of the main demand drivers supporting bitcoin&#8217;s surge may be dwindling is the present record ETF withdrawal streak, as pointed out by CryptoQuant, which follows a significant slowdown in ETF and corporate treasury accumulation in recent months.<\/p>\n<p><strong>Highlighted Crypto News Today:<\/strong><\/p>\n<p><a href=\"https:\/\/thenewscrypto.com\/binance-unveils-u-s-stock-trading-expands-push-into-tokenized-equities\/\" data-wpel-link=\"internal\">Binance Unveils U.S. Stock Trading, Expands Push Into Tokenized Equities<\/a><\/p>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>According to data source SoSoValue, investors pulled $3.45 billion over 11 trading sessions as bitcoin plummeted under\u00a0$70,000 from US spot bitcoin ETFs. This shift occurs at the same time when other indicators of institutional demand are showing signs of weakness. After Monday&#8217;s admission of a minor BTC sale by Strategy (MSTR), the crypto markets continued&hellip;<\/p>\n","protected":false},"author":1,"featured_media":5028,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-5027","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investing"],"_links":{"self":[{"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=\/wp\/v2\/posts\/5027","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5027"}],"version-history":[{"count":0,"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=\/wp\/v2\/posts\/5027\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=\/wp\/v2\/media\/5028"}],"wp:attachment":[{"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5027"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5027"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5027"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}