Bitcoin ETFs snap nine-day inflow run as BTC slips below $77K
US spot Bitcoin ETFs recorded $263 million in net outflows Monday, ending a nine-day inflow streak as BTC slipped below $77,000. Fidelity's Bitcoin Fund led losses with $150 million outflows. The decline followed Bitcoin's failure to sustain gains above $80,000 despite institutional demand—MicroStrategy and global ETFs purchased 90,787 BTC in April versus only 11,829 mined, signaling a liquidity event rather than supply imbalance.
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