$BTC
🚨 Bitcoin ETFs reported $434m in outflows yesterday, IBIT was $175m of it ,YTD net outflows -$2.2b and the total since collapse is around $8b, Still, more than 90% of aum hanging tough, forced to weather what feels like a Cat 5 hurricane 🚨
ETF outflows aren’t “Bitcoin being sold
”
They’re wrapper liquidity events
IBIT / GBTC redemptions = authorized participants unwinding exposure, not on-chain capitulation
Shares get redeemed → BTC gets delivered or netted → exposure gets reallocated elsewhere
Key tells: • ~90% of AUM still intact
• Outflows concentrated in the largest, most liquid vehicles
• Smaller ETFs quietly flat or positive
This is position resizing + risk transfer, not a mass exit
Same pattern you’re seeing everywhere today:
• Headlines scream collapse
• Attention locks onto price
• Real movement happens in plumbing, timing, and wrappers
If this were true panic, you’d see it on-chain and across every venue
🚸 Warning 🚸 I do not provide financial advice 🔞The intent of this content is for you to be aware of market conditions before starting to invest 👌Thank you for reading 👌
#BitcoinDropMarketImpact #MarketCorrection #JPMorganSaysBTCOverGold