Bitcoin price faces new risk as big buyers lose conviction
Spot ETFs are bleeding cash while public Bitcoin treasury companies lose momentum after months of acting as market backstops.
➤ US spot Bitcoin ETFs are experiencing a five-week outflow streak, totaling over $5 billion, which exceeds new mined supply and removes a key source of market support. ➤ Demand from public Bitcoin treasury companies and trading in Bitcoin-linked equities has also cooled significantly, indicating a broader loss of conviction among major buyers. ➤ This decline in institutional demand and trading volume creates new risks for Bitcoin's price, leaving it exposed until demand or volume returns.












