When $1 Billion in BTC ETFs Disappears Faster Than Your Last Date! 💸😱

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Ah, Bitcoin (BTC), that grand sovereign of cryptocurrencies, has taken a rather unfortunate tumble, losing a mere 6% of its capitalization in the blink of an eye—two days, to be precise! In this overheated market, such a trifling drop has led to a veritable bloodbath of liquidations. It appears our dear spot Bitcoin ETF investors, in a fit of panic, have withdrawn their liquidity as if it were a hot potato! 🥔💨

Almost $1 billion in two days: Max pain for BTC ETFs investors

Lo and behold! The last two sessions have been the most bearish for U.S. Bitcoin spot ETFs since the frosty days of late February. On the fateful dates of May 29 and 30, investors in major Bitcoin ETFs slashed their assets under management by a staggering $975 million! Truly, one of the five most brutal outflows in the annals of spot BTC ETFs history! 📉

Our dear friends, the IShares Bitcoin Trust (IBIT) and Fidelity Wise Origin Bitcoin Fund (FBTC), have been the most grievously affected, losing over $500 million in just two days! Meanwhile, Grayscale Bitcoin Trust (GBTC) and ARK 21 Shares Bitcoin ETF (ARKB) are also feeling the heat, with over $200 million vanishing into thin air! 🎩✨

This sudden cooldown follows a rather extravagant spree where Bitcoin spot ETF investors injected a whopping $4.26 billion into these vehicles over ten consecutive days of green! 🌱💰

As previously noted, this ten-day streak showcased the resilience of Bitcoin (BTC) spot ETFs and their undeniable allure for traditional finance investors. Yet, with the specter of U.S.-China trade tensions looming and the threat of new sanctions, investors have decided to park their investments elsewhere, perhaps in a more tranquil garden! 🌼🚪

In stark contrast, ETFs on spot Ether are soaring like a phoenix! In eleven consecutive days of green, they have amassed over $500 million, bringing the total inflow for the last three weeks to a staggering $3 billion! 🦅💵

Worst day for BTC bulls since February

Blackrock’s ETHA and Fidelity’s FETH are the top beneficiaries of this delightful chaos, attracting an unbelievable $6 billion in recent weeks! 🎉💸

Alas, Bitcoin’s (BTC) descent after two weeks of euphoric highs, surpassing $110,000, has unleashed a cascade of painful liquidations upon the futures market. In the last 24 hours alone, nearly $675 million in cryptocurrency positions were liquidated, with longs bearing the brunt of this misfortune—89.4% of the total! The single largest liquidation was an OKX BTC-USDT long position worth $12.5 million. Ouch! 😬💔

Indeed, this slaughterhouse of longs has been the most excruciating since February 25, 2025, when the BTC price plummeted by $10,000 in just two days, according to the wise sages at CoinGlass! 📊

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2025-05-31 15:20