The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
In a move reflecting a shift in major portfolio strategies, US-listed spot Bitcoin ETFs experienced their longest streak of capital withdrawals since inception. According to reports, the outflows persisted for 13 consecutive trading days between May 15 and June 3, 2026. This record-breaking losing streak drained significant cash from the market, signaling a cooling of institutional demand for the primary cryptocurrency in the short term.
This trend coincides with a surge in the technology sector, as analysts suggest capital is rotating from digital assets toward AI-related equities seeking better risk-adjusted returns. Per market data, AI-linked stocks and semiconductor firms have shown significant outperformance, bolstered by strong quarterly results from industry leaders like Nvidia. This rotation highlights a strategic pivot by investors toward high-growth tech themes amid a complex macroeconomic environment.
Sign in to access this content
Sign InLooking ahead, traders are closely monitoring Bitcoin's technical support levels following this intense selling pressure. According to the economic calendar, upcoming speeches from Fed officials, including Chair Powell and Governor Waller, will be critical for determining the interest rate outlook. Additionally, the release of the US ISM Manufacturing PMI will serve as a key catalyst for broader market sentiment and risk appetite in the coming days.
Update: Recent estimates indicate that global spending on AI technologies has reached approximately $800 billion, posing a structural challenge to digital asset liquidity. Analysts suggest that this massive scale of capital allocation toward AI infrastructure is actively diverting liquidity away from high-risk asset classes like Bitcoin.