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Need to be max 12 words, one clear title. Original: "Bitcoin price prediction: Here's why Wall Street is dumping BTC ETFs" Polished could be: "Bitcoin price prediction: Why Wall Street is dumping
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Need to be max 12 words, one clear title. Original: "Bitcoin price prediction: Here's why Wall Street is dumping BTC ETFs" Polished could be: "Bitcoin price prediction: Why Wall Street is dumping

By our Markets Desk2 min read

TITLE: Bitcoin price prediction: Why Wall Street is dumping BTC ETFs

ARTICLE: Bitcoin price extended its slide on June 4, hitting its lowest level since March and stretching a downtrend that started in mid-May. $BTC dropped to $61,325, wiping out billions in value. The crash comes as Wall Street investors continue dumping the coins.

On the ETF side, third-party data shows Wall Street actively trimming its Bitcoin exposure. In just three days, these investors offloaded ETFs worth over $1.4 billion. Last month alone, they sold over $2.4 billion, ending a two-month buying streak. Most of the damage is concentrated in BlackRock's IBIT, which has shed billions over the past few months.

Two main factors are driving the $BTC ETF outflows. First, simple underperformance: $BTC has dropped over 30% this year while the stock market sits at record highs, pushing investors to capitulate and rotate into equities. Second, the artificial intelligence boom—often compared to the dot-com bubble of the early 2000s—has pulled capital elsewhere. That boom has already minted several companies into the $1 trillion club, alongside the Magnificent 7 names, with Micron, TSMC, SK Hynix, and Samsung joining the list. Stock ETFs are reaping the rewards: the DRAM ETF has grown to a $15 billion fund, while the Vanguard S&P 500 Index fund crossed $1 trillion this week. The same rotation explains why other popular assets are losing ETF momentum—gold funds like GLD and IAU have posted substantial outflows this year as capital keeps moving toward stocks.

Geopolitical tensions aren't helping the chart. Bitcoin's slide coincides with

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$BTC
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Publishergascope.com
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CategoryMarkets

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