Bitcoin ETF Redemption and AI Narrative Rotation: Who Steals the Liquidity from the Crypto Market?
The Bitcoin market has recently experienced a sharp pullback, mainly due to ETF capital outflows and a shift of funds to the AI sector. Wintermute reports indicate that investors are moving funds from cryptocurrencies to AI stocks, causing Bitcoin prices to fall by more than half. To trigger a Bitcoin rebound, a recovery in Coinbase premiums and improved ETF inflows are necessary.
