Bitcoin ETFs just saw $1.26B in outflows across six straight trading days but institutions aren’t leaving crypto. They’re rotating. Over the last two weeks: • BTC ETFs lost $2B+ • ETH ETFs saw $216M in outflows • ~34,000 BTC moved onto exchanges • 2026 BTC ETF net inflows collapsed to just $536M Meanwhile, capital is aggressively flowing elsewhere: → XRP ETFs: +$22M weekly inflows → Solana ETFs: +$16M weekly, $103M in May → HYPE ETFs: +$72M weekly Total altcoin ETF inflows reached ~$226M during the same period BTC and ETH products were bleeding. One of the clearest signals: Jane Street reportedly cut Bitcoin ETF exposure by 71% in Q1 while increasing ETH positioning. The bigger picture: The institutional crypto bid hasn’t disappeared, it’s fragmenting. Capital now appears to be hunting asymmetric upside beyond Bitcoin, signaling a potential new phase in the ETF driven crypto cycle #ICEBacksOKXOilPerps #ExchangeOSGoesLive #HYPEWhaleWar $BTC