Bitcoin ETFs See Outflows as Price Drops Below $65K

US spot Bitcoin ETFs are facing a rough week. These investment products recorded four consecutive days of net outflows, with investors pulling a total of $526 million from the funds. This trend mirrors a cooling interest from institutional players as the broader market sentiment shifts.

The selling pressure follows Bitcoin failing to stay above the key $65,000 support level. When the price slipped, it triggered a wave of cautious moves from traders who are now sitting on the sidelines to see where the floor sits.

Looking ahead, market participants are keeping a close eye on whether demand picks up at these lower price points. If the ETFs continue to show net exits, it could signal more downside risk for the coin in the short term.