Bitcoin ETF Outflow Period Extended: Retail Investors Drive Market Downward Trend

Recent data reveals Bitcoin ETFs have been experiencing their longest continuous outflow period since early April, lasting six consecutive trading days, according to insights from Santiment. This trend is increasingly fueled by retail investors, contrasting with earlier patterns dominated by institutional investors. 🧠
Retail investors tend to make emotional investment decisions, withdrawing funds from ETFs when they perceive market peaks.
This behavior can trigger temporary dips but often signals a potential market bottom, similar to what we observed in April.