Bitcoin ETF Outflows Hit 13 Days as Institutions Cut Exposure Near $61K — Bitcoin

Bitcoin ETF Outflows Hit 13 Days as Institutions Cut Exposure Near $61K

Spot Bitcoin ETFs have experienced 13 consecutive days of outflows totaling over $4 billion since mid-May, signaling institutional holders are reducing exposure rather than providing the stabilizing bid they were expected to offer. With Bitcoin testing its 200-week moving average near $61,300 and the Fear and Greed Index hitting 12, the market faces extreme conditions that historically precede capitulation, though past cycles suggest this may not signal an immediate bottom.

Marvell Forced Into S&P 500 as Chip Sector Hits Dot-Com Peak Weight — DeFi

Marvell Forced Into S&P 500 as Chip Sector Hits Dot-Com Peak Weight

Marvell Technology’s S&P 500 inclusion on June 22 forces trillions in passive capital into the chip giant, even as the semiconductor sector hits 39% of the index—exceeding dot-com bubble concentration. The timing highlights AI market fragility: Marvell surged on inclusion news despite losing 17% after Broadcom’s disappointing earnings, exposing how passive buying mechanisms override fundamentals.

Bitcoin Falls Below $60K as Jobs Report Triggers Broad Liquidity Shock — Bitcoin

Bitcoin Falls Below $60K as Jobs Report Triggers Broad Liquidity Shock

A stronger-than-expected jobs report triggered a broad market selloff Friday, sending Bitcoin down 5% below $60,000 as traders repriced rate expectations across all risk assets. The move signals a liquidity grab rather than sector-specific fear, with rising Treasury yields and a 60% probability of rate hikes by October now threatening the ETF inflow narrative that has supported crypto prices.