Bitcoin spot ETFs have now recorded net outflows in 17 of the last 19 days, with investors pulling a combined $5.6 billion from the products during that stretch.
Taking Stock Of The Damage Saylor Points To AI Spending As The CulpritHe framed the pullback as a buying window. “Volatility creates opportunity,” Saylor said.
Not every fund has been caught in the tide. The BlackRock iShares Bitcoin Trust and Grayscale’s Mini Bitcoin Trust have both held onto positive flows since January 1, reports indicate.
The overall picture is one of short-term stress against a backdrop of longer-term capital commitment. Whether the AI spending wave continues to crowd out Bitcoin investment, or whether the two can attract separate pools of money, remains an open question.
Featured image from Pexels, chart from TradingView
