Crypto Exodus: Spot Bitcoin ETFs Shed Nearly $3 Billion in Unprecedented Nine-Day Sell-Off

CoinTelegraph · 2026-05-29
Crypto Exodus: Spot Bitcoin ETFs Shed Nearly $3 Billion in Unprecedented Nine-Day Sell-Off

Spot Bitcoin ETFs are currently navigating their most difficult period since inception, recording a historic nine-day outflow streak totaling $2.84 billion. This significant withdrawal of capital signals a sharp reversal in investor sentiment, as institutional participants move to lock in profits and mitigate risk amidst persistent macroeconomic uncertainty. Surpassing the previous record set in February 2025, this trend highlights a cooling of the initial institutional frenzy that followed the launch of these investment vehicles. Analysts suggest the sell-off is driven by a combination of high-interest-rate pressures, the maturation of crypto-linked investment portfolios, and a tactical rotation toward more traditional, yield-bearing assets. While the current market correction is severe, experts are closely watching whether this represents a structural shift or a temporary pause in a broader growth cycle. The volatility underscores the reactive nature of ETF-based crypto trading and suggests that investors are increasingly prioritizing capital preservation in a complex, shifting global financial environment as they recalibrate their positions ahead of upcoming economic policy announcements.