#BiggestCryptoOutflowsSince2022

Bitcoin is facing its largest wave of capital outflows since 2022, reflecting a broader shift in investor sentiment. Over the past month, the asset has fallen as much as 27% before stabilizing near the $68,000 level. In the last two weeks alone, Bitcoin has declined approximately 12%, marking its fourth consecutive week of losses. The pullback coincides with a clear “risk-off” tone across global markets, where investors are trimming exposure to volatile assets amid rising macroeconomic and geopolitical uncertainty.

One of the clearest signals of this shift has been the $360 million in weekly outflows from U.S.-listed spot Bitcoin ETFs. These products, which were once seen as a steady channel for institutional inflows, are now reflecting caution rather than accumulation. In recent months, Bitcoin has traded in close correlation with high-growth U.S. technology stocks. However, this week revealed a notable divergence: while equities recovered from early losses, Bitcoin failed to follow, suggesting that crypto investors are positioning more defensively than traditional equity traders.

Analysts attribute the weakness to a combination of macro uncertainty and escalating geopolitical tensions, including developments involving Iran that have added to global instability concerns. When uncertainty rises, capital typically rotates toward safer assets such as the U.S. dollar, bonds, or gold, leaving risk-sensitive assets like Bitcoin under pressure. The recent outflows do not necessarily signal a structural breakdown, but they do highlight fragile sentiment. For Bitcoin to regain momentum, markets may need clearer macro direction, easing geopolitical tensions, or renewed institutional inflows to shift the narrative back toward risk appetite and long-term accumulation.