K33 Research warns Bitcoin faces a choppy summer as spot ETF outflows hit 62,794 BTC and institutional capital rotates into AI stocks and upcoming tech

Visser says Bitcoin stays trapped in a bear market because speculative capital is flowing into AI stocks, with Q2 earnings as a key catalyst.

The Nasdaq posted its worst day since April 2025 as investors question $650 billion in AI spending plans, dragging Bitcoin below $67K in a broad risk-off

BTC's drop to its lowest level since late 2024 reflects a hawkish Federal Reserve, exchange-traded fund outflows and a shift of capital into AI, the bank said.

K33 Research warns Bitcoin faces a choppy summer as spot ETF outflows hit 62,794 BTC and institutional capital rotates into AI stocks and upcoming tech

Crowded AI positioning, high ETF leverage, and $4B in Bitcoin outflows are converging into a potentially volatile summer for tech stocks.