US spot Bitcoin ETFs just set a record — $3.4B in net outflows in a single week, the largest withdrawal event since 2024 launch. The 13-day outflow streak shed $4.4B total. IBIT alone accounted for $3.3B (75% of the bleed), FBTC $457M, GBTC $304M. BTC dropped 21% from $80K mid-May to $62,759 today. The culprits: rising Treasury yields, fading rate-cut hopes after hot ADP/NFP prints, and profit-taking after the run. Institutional money that came in for the trade is leaving for the trade — that's not abandonment, it's allocation discipline. Does the outflow streak mark capitulation or the start of a deeper unwind? Just sharing my thoughts. Not financial advice. DYOR. #BTCETFOutflowRecord #OKXOrbit