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BEARISH 📉 : Bitcoin ETFs see $133M outflows amid extreme fear sentiment
Bitcoin ETF Outflows Signal Institutional Caution
- US spot Bitcoin ETFs experienced $133.3 million in net outflows on Wednesday, with a weekly total of $238 million.
- The "Extreme Fear" sentiment prevails in the market, impacting institutional interest.
- BlackRock’s iShares Bitcoin Trust (IBIT) accounted for the largest withdrawal, over $84 million in one session.
- Total Net Assets in Bitcoin ETFs stand at $83.6 billion, with trading volumes below $3 billion.
- Despite outflows, long-term holders maintain positions, suggesting strategic rebalancing rather than panic.
- US spot Solana ETFs noted inflows, indicating capital rotation towards alternative assets.

Sentiment Metrics Indicate Bearish Conditions
- The Crypto Fear & Greed Index remains in "Extreme Fear."
- Bitcoin price dipped below $66,000, testing investor patience.
- Analysts argue this may be a contrarian buy signal, similar to past sentiment dips.
Bitcoin Price Prediction
- If outflows continue, it could lead to a five-week consecutive outflow streak.
- The $60,000 level is a psychological support barrier.
- Stabilization of US outflows or European investment resilience could influence future trends.
