BTC Spot ETFs Bleed $696M as Outflow Streak Hits Six Days
Spot ETH ETFs shed another $81.9M in the same session, locking in a parallel six-day outflow run and deepening the risk-off posture across institutional crypto rails.
Bitcoin (BTC) is the first decentralized cryptocurrency, introduced in 2009 by an individual or group operating under the pseudonym Satoshi Nakamoto. It runs on its own blockchain, the Bitcoin network, secured through a Proof of Work consensus mechanism in which miners use computing power to validate transactions and produce new blocks roughly every ten minutes. The protocol defines a hard cap of 21 million coins, and the block reward given to miners is automatically halved approximately every four years, embedding a predictable, disinflationary issuance schedule into the network. This scarcity, combined with permissionless access and resistance to censorship, has led many to characterize Bitcoin as a form of digital gold or a store of value distinct from traditional fiat currencies. Beyond peer-to-peer transfers, the Bitcoin ecosystem has expanded to include Ordinals, a method of inscribing data onto individual satoshis that enables NFT-like assets directly on the base layer, and BRC-20, an experimental fungible token standard built on those inscriptions. Emerging Bitcoin Finance (BTCFi) initiatives extend these capabilities further, allowing BTC to be used in staking, lending, and cross-chain security applications, positioning Bitcoin as a foundation for a broader decentralized financial ecosystem.
Spot ETH ETFs shed another $81.9M in the same session, locking in a parallel six-day outflow run and deepening the risk-off posture across institutional crypto rails.
Stablecoin market cap overtaking Ether's fully diluted value is a structural reminder of where liquidity actually sits in crypto: USDT and BTC, not the L1 majors investors keep calling the next big…
It is the direction, duration and composition of the flow that moves BTC, not the headline number on any single day.
A $1B+ liquidation cascade hit the market in 24 hours, the Fear & Greed Index collapsed to 13, and Strategy's $13B BTC paper loss is now bigger than the entire market cap of most major tokens.
A working taxonomy of the corporate treasury thesis, from balance-sheet hedges to long-duration conviction bets and the operating leverage that comes with holding BTC outright.
The 90-day moving average of XRP's price against Bitcoin keeps falling as the ratio compresses toward $1 of BTC per 1,000 XRP, a level not seen in nearly four years.
The mark-to-market hit on 844,000 BTC exceeds the market caps of Dogecoin, Cardano, Chainlink and dozens of other projects, concentrating more drawdown in one public company than in entire ecosystems.
Altcoins absorbed the worst of the damage, Ether down 7.9% on the week, while bitcoin's drawdown stayed inside a support band that has held for nearly two years.
The thesis is that pensions bring patient capital and long-dated liabilities, but the actual entry points remain narrow and the operational lift is heavy.
BTC is bouncing into a support zone that held through the yen carry unwind and the US election cycle, while Asian equities tank on Mag7-led Wall Street weakness.
The Asia session is doing the work: Kospi's 8% rout and a circuit breaker hit while crypto is still digesting last week's macro shock, dragging BTC through a key psychological level.
The crypto custody firm is trading headcount for a sharper bet on stablecoins and AI-powered settlement, the two rails its institutional clients are actually building on.
853 $BTC (≈50.2M) moved from Coinbase Institutional to unknown wallet.
874 $BTC (≈51.1M) moved from unknown wallet to Coinbase Institutional.
A custody heavyweight shrinking 15% of headcount while doubling down on stablecoins and AI infrastructure is a tell about where the institutional crypto stack is heading, not just a cost cut.
The modeled share price floor is $1.01 with BTC per share compressed from 138,161 sats to 7,884, and the claim ratio nearly doubles as 115,727 BTC get liquidated to service debt.
The MSTR drawdown and a Rosen Law class-action probe are dominating crypto Twitter, but the long-term-holder cost-basis signal has only flashed at four prior cycle bottoms, and it just printed a new…
1.5K $BTC (≈88.3M) moved from unknown wallet to #Coinbase.
1.7K $BTC (≈100.9M) moved from unknown wallet to unknown new wallet.
1.7K $BTC (≈101M) moved from unknown wallet to unknown wallet.
Bitcoin is the world's first decentralized cryptocurrency, created in 2009 by the pseudonymous Satoshi Nakamoto.
Bitcoin (BTC) launched on 2009-01-03.
Bitcoin (BTC) is categorised as: Smart Contract Platform, Layer 1 (L1), FTX Holdings.
The official Bitcoin site is http://www.bitcoin.org.
Most recent Bitcoin coverage: "BTC Spot ETFs Bleed $696M as Outflow Streak Hits Six Days" — read at /en-US/a/btc-spot-etfs-bleed-696m-as-outflow-streak-hits-six-days.