US-listed spot Bitcoin ETFs are facing sustained selling pressure, reflecting a broader slowdown in crypto market confidence. Over the past week, investor sentiment has weakened noticeably, with capital rotating away from digital assets amid global uncertainty.
Spot Bitcoin ETFs in the United States have now logged five consecutive days of net outflows, with total withdrawals reaching approximately $1.72 billion. The most recent trading session alone saw more than $100 million exit these funds, extending a trend that began the prior week. This period included a shortened US trading schedule, yet selling pressure remained persistent.
Bitcoin’s spot price is hovering around $89,000, staying below the key $100,000 psychological resistance for several months. While Bitcoin has posted modest gains over the past month, ETF flows suggest that retail participation remains cautious.
Market sentiment indicators continue to flash warning signs. The widely followed Crypto Fear & Greed Index has remained in “Extreme Fear” territory for several consecutive days, highlighting investor anxiety. Analysts describe the current environment as a phase of uncertainty, where traders reduce exposure and wait for clearer direction.
Despite weak sentiment, some analysts note that reduced social activity and steady supply distribution may indicate selling pressure is slowing. Others suggest Bitcoin’s underperformance relative to surging precious metals has weighed on confidence. Historically, periods of extreme fear have often preceded countertrend rallies, reinforcing the view that patience may be critical in the near term.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.