{"id":97689,"date":"2026-06-02T12:48:17","date_gmt":"2026-06-02T12:48:17","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=97689"},"modified":"2026-06-02T12:48:17","modified_gmt":"2026-06-02T12:48:17","slug":"bitcoin-plunges-below-70000-etfs-saw-480m-outflows-on-monday-what-is-going-on","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=97689","title":{"rendered":"Bitcoin Plunges Below $70,000, ETFs Saw $480M Outflows On Monday: What Is Going On?"},"content":{"rendered":"<div>\n<p><strong>Bitcoin<\/strong> <a class=\"ticker-link\" data-ticker=\"BTC\" data-exchange=\"CRYPTO\" href=\"https:\/\/www.benzinga.com\/quote\/BTC-USD\" target=\"_blank\" rel=\"noopener\">(CRYPTO: <\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) broke below $70,000 on Tuesday, dropping 2.5% as spot ETFs opened the week with $483.76 million in outflows on Monday.<\/p>\n<h3 class=\"wp-block-heading\">Four Straight Weeks Of ETF Outflows With No Sign Of Stopping<\/h3>\n<p>Weekly ETF <a href=\"https:\/\/sosovalue.com\/assets\/etf\/us-btc-spot\">outflows<\/a> ran at $1.00 billion on May 15, $1.26 billion on May 22, and $1.42 billion on May 29.\u00a0<\/p>\n<p>This week opened with $483.76 million gone on the first trading day, with <strong>BlackRock\u2019s iShares Bitcoin Trust<\/strong> <a href=\"https:\/\/www.benzinga.com\/quote\/IBIT\" target=\"_blank\" class=\"ticker-link\" data-ticker=\"IBIT\" data-exchange=\"NASDAQ\" rel=\"noopener\">(NASDAQ:<\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/IBIT\">IBIT<\/a>) accounting for $440.29 million of that single-session exit.\u00a0<\/p>\n<p>Total ETF net assets have collapsed from $109 billion to $91.16 billion, nearly $18 billion wiped in weeks.<\/p>\n<p>This is not retail panic. The scale and consistency of the outflows point to institutional investors actively reducing Bitcoin exposure rather than small holders selling &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/crypto\/cryptocurrency\/26\/06\/52933814\/bitcoin-plunges-below-70000-etfs-saw-480m-outflows-on-monday-what-is-going-on?utm_source=benzinga_taxonomy&amp;utm_medium=rss_feed_free&amp;utm_content=taxonomy_rss&amp;utm_campaign=channel\" alt=\"Bitcoin\" plunges below etfs saw outflows on monday: what is going>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin (CRYPTO: BTC) broke below $70,000 on Tuesday, dropping 2.5% as spot ETFs opened the week with $483.76 million in outflows on Monday. Four Straight Weeks Of ETF Outflows With No Sign Of Stopping Weekly ETF outflows ran at $1.00 billion on May 15, $1.26 billion on May 22, and $1.42 billion on May 29.\u00a0 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-97689","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/97689","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=97689"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/97689\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=97689"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=97689"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=97689"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}