Bitcoin fell below $76,000 as US spot Bitcoin and Ether ETFs recorded about $530 million in combined net outflows, reversing the previous session’s inflows. SoSoValue data put Bitcoin fund outflows at roughly $430 million and Ether fund outflows at about $100 million. Fidelity’s Wise Origin Bitcoin Fund accounted for about $200 million of the Bitcoin fund withdrawals.
The Nasdaq Composite also fell 5.5%, its largest one-day decline since April 2025, according to Reuters. The source links the broader market selloff to concerns about tighter AI regulation and spending, but the simultaneous declines do not establish what caused Bitcoin’s fall.
