Bitcoin reclaims $90,000 as spot ETFs log about $1.6 billion in outflows

Beincrypto reports Bitcoin reclaimed the $90,000 handle even as spot Bitcoin ETFs recorded roughly $1.6 billion in outflows across three trading days. On-chain data show realized losses concentrated among three- to six-month holders, with secondary contributions from the six- to 12-month cohort—participants who largely bought nearer cycle highs above the $110,000 region and are now realizing losses.

Historically, spikes in realized losses from these age bands have often marked late stages of corrective phases rather than the start of prolonged distribution, suggesting current selling may be closer to exhaustion than escalation. Momentum indicators have improved quickly: the Money Flow Index printed a sharp upswing over 48 hours, a move the report ties to easing geopolitical tension including developments around Greenland.

The piece cautions that this headline-driven buying is fragile and reactive rather than structurally bullish. Despite the price bounce—BTC was noted hovering near $90,054—ETF flows remain a headwind. Wednesday saw $708 million in redemptions, the largest single-day outflow since November 2025, and persistent outflows could cap rallies.

Key Topics

Crypto, Bitcoin, Spot Bitcoin Etf, Etf Flows, Realized Losses, Money Flow Index