Bitcoin ETFs End 9-Day, $3B Inflow Streak With $149M Net Outflow

A single day of outflows after a nine-day run does not by itself mark a reversal, but it does test whether the prior streak reflected durable allocation or momentum-chasing. The fact that Ethereum products also bled, and that the outflows were not confined to one issuer, points to a broader risk-off tilt across crypto ETF exposure rather than a Bitcoin-specific story. Whether the streak resumes or the flows turn persistently negative is the open question, and the next few sessions' breadth across issuers will say more than the headline figure.