Bitcoin funds posted their third-largest daily outflow of 2026, signaling a sharp deterioration in institutional sentiment.

Bitcoin has broken below $77,000, following $290.4 million in net outflows from Bitcoin ETFs on Friday, while Ethereum ETFs reported $65.7 million in net outflows.

Crypto funds ended a six-week inflow streak as Iran-linked geopolitical risk weighed on bitcoin amid major U.S. withdrawals.