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13-Day ETF Bleed, $4.4B Exit & Strategy's First BTC Sale Since 2022
Audio is available on Spreaker — see link below.
Bitcoin's longest-ever ETF outflow streak hits 13 days and $4.4 billion in redemptions, triggering a $1.86B liquidation cascade and a breach below $66K. Strategy's first Bitcoin sale since 2022 and stalled Clarity Act legislation add fresh structural pressure.
Audio is available on Spreaker — see link below.
Thirteen consecutive days of outflows from spot Bitcoin ETFs. That's not noise.
Bitcoin broke below sixty-six thousand dollars, and what followed was textbook forced selling. Total liquidations hit one point eight six billion dollars.
The second signal that shook confidence this week came from Strategy, formerly MicroStrategy. The company sold thirty-two Bitcoin between May twenty-sixth and thirty-first, its first sale since twenty twenty-two, generating roughly two point five million dollars to fund preferred stock dividends.
On the regulatory side, the Clarity Act is running out of calendar. The bill cleared Senate committee on May fourteenth, which looked like real progress.
Right now, elsewhere is AI and semiconductors. AMD, Intel, and Micron have roughly doubled year-to-date.
One more structural development worth tracking. The CFTC retroactively eliminated its twenty-eight-year no-deny settlement policy, aligning with the SEC's earlier move.
The signal to watch now is simple: does the sixty thousand dollar level hold, or does forced selling find another leg down? RSI and sentiment are extreme.
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