US-based spot Bitcoin exchange-traded funds pulled funds for a fifth straight trading day, and the totals added up quickly. According to Farside data, about $103.5 million left on Friday, bringing the five-day sum to roughly $1.72 billion.<\/p>\n
Bitcoin was trading near $89,160 at the time of these reports \u2014 still well below the $100,000 mark it last reached on November 13. This movement has sent a clear signal: many investors are stepping back right now.<\/p>\n
Reports note that ETF flows<\/a> are often on the radar as a quick read on investor mood, but the picture is not always simple. Large outflows can reflect institutional rebalancing or tactical moves by funds, not only mass retail selling.<\/p>\n The US market had a four-day trading week because of Martin Luther King Jr. Day<\/a> on Monday, which may have concentrated trades into fewer sessions and amplified the numbers. Still, losing more than a billion dollars in a few days will get attention.<\/p>\n The wider mood has soured. The Crypto Fear & Greed Index<\/a> registered an Extreme Fear score of 25, and sentiment trackers have been flashing caution. Reports say Santiment believes retail traders are pulling back while attention drifts toward more traditional assets.<\/p>\n Meanwhile, metals have been strong. Reports disclose that with gold trading near $5,000 and silver approaching $100, some market players feel Bitcoin has been left out of a rally that lifted metals, which has weighed on confidence in the crypto market.<\/p>\n\n Bitcoin Price Action<\/p>\nMarket Mood And Metals<\/h2>\n