Spot Bitcoin ETFs experienced significant outflows, totaling $869 million, marking the second-largest outflow recorded in history. This move came amidst a broader crypto market sell-off, causing Bitcoin’s price to drop by 6.4% within a 24-hour period. Grayscale’s Bitcoin Mini Trust led with $318.2 million in withdrawals, while major issuers like BlackRock and Fidelity also experienced substantial outflows. This significant exodus suggests a shift towards risk-off behavior among institutional investors, potentially impacting market stability and long-term demand for crypto assets. Experts believe this is driven by macro uncertainties regarding Fed policies, broader market sentiment, and economic volatility. While this outflow reflects a short-term correction, it doesn’t diminish the overall potential of the digital asset space as long-term investors capitalize on emerging opportunities.