Bitcoin Stalls At $77K After Spot ETFs Hit 3-Month Outflow High – ‘Inflation Trade Is Back,’ Says Analyst

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Key points:
Spot Bitcoin ETFs saw approximately $648 million in net outflows on Monday, according to SoSoValue data.
10x Research said more than $1 billion has exited Bitcoin ETFs since last week’s inflation report.
Analysts said President Donald Trump’s comments delaying military action against Iran may have helped prevent a deeper market selloff.
Bitcoin (BTC) struggled to hold $77,000 on Tuesday morning after spot Bitcoin exchange-traded fund outflows reached their highest level in over three months.

Bitcoin’s price traded flat in the last 24 hours, stable at around $76,800 in early morning trade. Retail sentiment around the apex cryptocurrency on Stocktwits trended in ‘bearish’ territory, accompanied by ‘normal’ levels of chatter over the past day.

The muted price action followed a sharp selloff on Monday that erased Bitcoin’s gains for the month and triggered more than $800 million in liquidations across the broader crypto market.

Bitcoin ETF Outflows Hit Highest Level Since January

According to SoSoValue data, Bitcoin ETFs recorded daily net outflows of $648 million on Monday, the largest single-day outflows since January 29, when the funds saw net outflows of over $800 million.

BlackRock’s iShares Bitcoin Trust (IBIT) saw the $448 million leave, followed by ARK 21Shares Bitcoin ETF (ARKB) at $109 million. Retail sentiment on Stocktwits around IBIT trended in ‘bearish’ territory over the past day, while retail sentiment around ARKB trended in ‘bullish’ territory, reflecting diverging retail opinions.

Inflation Concerns Weigh on Crypto Sentiment

10x Research stated that over $1 billion has left Bitcoin ETFs since hotter-than-expected consumer price index (CPI) data was reported last week. “The inflation trade is back,” the firm said in a post on X, pointing to cryptocurrency sentiment dropping from 87% to 45% and that bond yields continued to climb.
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Normally, large Bitcoin ETF outflows lead to a drop in Bitcoin’s price the following day. Crypto analyst Ted Pillows wrote on X that President Donald Trump’s post on Monday night, which delayed any military action against Iran, is most likely the reason markets aren’t completely in the red today.

The overall cryptocurrency market edged 0.5% higher in the last 24 hours, but remained below $2.7 trillion.
source: https://www.tradingview.com/news/stocktwits:322db9a10094b:0/