U.S. Spot Bitcoin ETFs Experience Huge Weekly Outflow of $1.72B

SoSoValue reports that U.S. spot Bitcoin ETFs faced net outflows of $1.72 billion for the trading week from June 1 to June 5, which is the second-highest outflow recorded since they started. Additionally, U.S. spot Ether ETFs also experienced $173 million in net outflows, making it the fourth week in a row with net redemptions. Capitulation?

Consolidation at $60000 or capitulation? This happened and it was discussed about on this forum recently. The market is better for now, so I do not see any good reason of bringing what people have already discussed when the price of bitcoin was significantly going down. This is not capitulation, it is consolidation for now.

Most people only look at what happens in the short term, and missing the bigger picture. Despite recent news about capital outflows from Bitcoin ETFs reaching $4.4B or $1.72B, as you mentioned. Many people fail to notice that the total assets under management in BTCETFs still stand at more than $102B. $4.4B is only around 4% and $1.72B is just 1.5% of that $102B. So there is no sign of capitulation here, and there is nothing worth paying too much attention to. https://www.coinglass.com/etf/bitcoin

U.S. Spot Bitcoin ETFs See Record $6.35B Outflow Over 30 Days According to Galaxy Research, U.S. spot Bitcoin ETFs have posted their largest 30-day net outflow on record. Data shows the funds saw $6.35 billion in net outflows over the past 30 days, ranking first across all 582 rolling 30-day windows tracked by Galaxy Research and highlighting continued institutional outflows. — link Source: https://www.wublockchain.xyz/news/news-19629

It's all because of Saylor. His ponzi ambition create a bearish trend for bitcoin because his ponzi model is getting shorted by wall street sharks. When he sells his BTC, it triggers market to get a big sell off. So this gigantic outflow is related to his company. So i think it's still continue because he has no a lot of cash reserves to pay the dividend. Once he's being forced to sell his btc to fund the dividend on his own ponzi mechanism. It's gonna trigger another sell off. The outflow won't stop soon.

In my opinion, we should not blame him for the current market situation. The market had entered a bear market before he sold his BTC and before the war even started. What is happening is simply the market cycle repeating itself. And if Saylor becomes the cause of an even bigger sell off, then I can only feel sorry for him for being chosen as a scapegoat in this bear market. Have you noticed that in every bear market, there are always reason to justify the market crash? In 2014, it was Mt.Gox. In 2018, it was Bitconnect. Then in 2022, it was the collapse of Luna and FTX. Saylor could be the next name to be blamed for the 2026 bear market.

This is blasphemy! Are you calling Michael Satlor the Savious a Ponzi scammer? Are you calling MicroStrategy a Ponzi scheme? Believers, rally behind me and bun this guy!  I just love how things have changed, God, I love this timeline, the less cultist sucking on that guy's ass, the better world we will have! Oh yeah, I'm crying! The guy who took credit for the bull run when was buying coins with fool's money will now be blamed for the ebar market when he sells to pay the debt he incurred on that loaned money, this sounds to me more like justice, not being used as a scapegoat.

Not capitulation yet it seems, after all that. Keep selling, keep closing, keep that outflow strong, because I don't feel a sliver of fear. How can anyone who's seen worse feel afraid now, I wonder? Oh, but finally, people on the way to getting off the Saylor jerkoff train. If he was your Jesus that brought you to ATH nirvana, hold him tight now, and live your love.