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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
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Sign InReflecting a significant shift in institutional risk appetite, Spot Bitcoin ETFs continued their negative streak for the eighth consecutive week. According to reports, these funds recorded $527 million in outflows last week, marking a record-breaking period of investor withdrawals. Conversely, the data highlighted that specific altcoins, including SOL, XRP, and HYPE, defied the broader market trend by continuing to attract fresh capital inflows despite the prevailing bearish sentiment surrounding Bitcoin.
This downturn coincides with persistent institutional selling pressure, which analysts have compared to previous correction phases in the crypto market. Per market data, the sustained liquidity exit from Bitcoin ETFs places downward pressure on the spot price, while experts suggest that the flow of capital toward altcoins indicates a more selective approach by traders. Ethereum (ETH) funds have also experienced similar flow volatility over the last quarter, supporting the theory of portfolio rebalancing rather than a total exit from the digital asset sector.
Looking ahead, traders are closely monitoring technical support levels for Bitcoin amid the current outflow trend. With global markets awaiting key economic catalysts such as China's Manufacturing PMI on June 30, 2026, broader risk sentiment could face further tests. The focus remains on whether altcoin-specific products can maintain their resilience against the heavy redemption wave hitting major Bitcoin funds in the coming weeks.