After Bitcoin ETFs drained $3.8 billion in five weeks it suddenly flipped positive, changnig who controls the next move

For the better part of the last two years, spot Bitcoin ETFs were treated like a one-way door. They took Bitcoin out of keys and operational hassle and turned it into a ticker that fit inside every normal portfolio. Money came in, shares got created, and Bitcoin had a steady, legitimate source of demand. Across five straight weeks leading into late February, investors pulled close to $3.8 billion from US-listed spot …