It's not SpaceX. Bitcoin ETF outflows may be an arbitrage story

Crypto Insight Summary: While some analysts argue investors are selling bitcoin to free up capital for anticipated IPOs such as SpaceX and Anthropic, Sygnum's Fabian Dori says market data points elsewhere. Crypto Insight Analysis: Direction: Neutral Impact: No Impact Horizon: Short-term (1-3 days) Reasoning: Unconfirmed speculation about ETF outflows has minimal market impact.