What changed
49 million in net outflows on Thursday, abruptly interrupting a three-session run that had attracted more than $1 billion A day after bitcoin ETF buying broadened across eight funds, investors pulled $635 Blackrock, Fidelity Lead $635M Bitcoin ETF Loss—Biggest Outflow Since June
Why it matters
Regulatory risk around BTC can change volatility, liquidity, or sentiment. The concrete detail to watch is 49 million in net outflows on Thursday, abruptly interrupting a three-session run that had attracted more than $1 billion
Trading lens
Use this as defensive context from news.bitcoin.com. Watch whether A day after bitcoin ETF buying broadened across eight funds, investors pulled $635 confirms momentum, invalidates active bias, or changes timing.