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Bitcoin ETF Withdrawals Surge as Treasury Yields Soar: Critical Crypto Watch Points Ahead
Bitcoin retreated to the $78,000–$79,000 zone last week as climbing Treasury yields and persistent inflation worries created pressure on risk assets. The days ahead will reveal whether this represents a brief consolidation or signals a more sustained downturn. U.S. spot Bitcoin ETFs experienced $290.4 million in net withdrawals on May 15, based on Farside Investors data. This followed a substantial $630.4 million outflow on May 13 and a modest $131.3 million inflow on May 14. tweet ETF activity has emerged as a critical barometer of institutional sentiment. Sustained withdrawals create downward ... (full story)