Cryptocurrency7 Jun 2026SEO 801 min read

Analysis: Bitcoin near $60,000 today vs February: Institutional sentiment has flipped

Bitcoin’s return to $60,000 is drawing heavy ETF outflows, marking a sharp reversal from February when institutional selling eased into the dip. Bitcoin has re…

Bitcoin’s return to $60,000 is drawing heavy ETF outflows, marking a sharp reversal from February when institutional selling eased into the dip. Bitcoin has returned to about $60,000, but unlike in February, spot bitcoin ETF investors are now selling heavily into the price dip. U.S.-listed spot bitcoin ETFs saw $1.72 billion in net outflows last week, the largest weekly redemption in over a year and far above the $318 million outflow when prices last neared $60,000 in early February. Outflows f…

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