Bitcoin ETF $79M outflow ends 2-week bull run amid 'sideways' BTC price

Bitcoin institutional investors are pausing while the BTC price struggles to overcome resistance.

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Bitcoin institutional investors have paused their latest buying spree as BTC price action consolidates.

Inflows to the US spot Bitcoin (BTC) exchange-traded funds (ETFs) turned net negative for the first time in two weeks, according to data from sources including UK-based investment firm Farside Investors.

BTC price action is already taking its toll on institutional demand — even as BTC/USD hovers within 10% of all-time highs.

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