
Bitcoin ETFs Just Had Their Worst Streak Ever - And One Analyst Says That's Bullish Ten straight days of outflows from spot #Bitcoin ETFs. That just broke the record. Over $3 billion pulled out in the longest withdrawal streak since these funds launched. You'd think that's a red flag, right? Not according to Bloomberg analyst Eric Balchunas. He's calling it a contrarian indicator. His logic - when everyone's running for the exit, that's usually when the bottom is in. Outflow streaks like this have historically marked turning points, not the start of longer crashes. The crowd is almost always wrong at extremes. And ten days of panic selling definitely qualifies as an extreme. So either this time is different, or we're about to see a sharp reversal nobody sees coming.
