U.S. Bitcoin Spot ETFs See $349M Daily Outflow As Whales Sell And Retail Buys Around $68,000

Spot Bitcoin ETFs in the US saw about $349 million in outflows on Friday across all 11 funds, while Bitcoin pulled back toward $68,000 after briefly reaching $74,000 earlier in the week. On-chain data shows large holders who accumulated between late February and early March have sold most of those coins into the rally, even as smaller wallets increased their positions during the dip. Sentiment gauges and analyst models now point to either further downside if key support fails or a potential floor forming near $60,000.