Bitcoin’s return to $60,000 is drawing heavy ETF outflows, marking a sharp reversal from February when institutional selling eased into the dip.

Bitcoin (CRYPTO: BTC) around $62,000 is sitting directly on the 200-week moving average, a level that only broke during the FTX, Terra, and Three Arrows Capital collap

Bitcoin drops below $61,000, losing $18,000 in 10 days. Bitcoin above $70K by June 9, 2026 at 1.3% YES.

Several headwinds converged over bitcoin recently as its largest buyer turned seller, ETF investors headed for the exits, and rate-hike fears rose.

Bitcoin’s return to $60,000 is drawing heavy ETF outflows, marking a sharp reversal from February when institutional selling eased into the dip.

Bitcoin fell below $60,000 for the first time since the 2024 election, down over 50% from its all-time high as ETF outflows and MicroStrategy sales rattle

Bitcoin remains under pressure from ETF outflows, AI-driven capital rotation, and corporate selling, but institutional analysts argue its long-term store-of-value thesis remains…

One analyst predicted that selling pressure in bitcoin ETFs is starting to ease, pointing out that four funds saw net inflows for the day.

Bitcoin dropped below $63,000 as analysts warn of a distribution phase dominating accumulation appetite amid institutional outflows.