Bitcoin ETFs lose $1.16B as Bitwise calls selling ‘short-term’

Crypto Insight Summary: Bitwise’s André Dragosch attributed Bitcoin ETF outflows to weaker market sentiment, saying institutions have largely maintained their exposure. Crypto Insight Analysis: Direction: Bearish BTC Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Large ETF outflows reflect weaker sentiment, but institutions largely maintained exposure, limiting lasting market damage.