Bitcoin ETFs See $430M Outflows as Tech Selloff Hits Risk Assets

The significance here is less the dollar figure than the source: outflows concentrated in Fidelity and BlackRock suggest the largest, most liquid spot Bitcoin ETF products are now the first place holders trim exposure when tech equities wobble. That points to Bitcoin ETF flows behaving less like an isolated crypto signal and more like a high-beta extension of the broader risk-asset complex. The open question is whether this correlation holds through the next leg of the tech selloff, or whether crypto-specific demand reasserts itself once equity volatility settles.