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The biggest BTC ETF bleed yet

Over $11B in losses from BTC ETFs — feels like the crowd is getting nervous. What does that mean for the alts we're watching?

Sofia Reyes·Jul 1, 2026·1 min read

Over $11B in losses from BTC ETFs — that's a record drawdown and it makes me wonder if the big money is rotating out or just de-risking. 100,000 BTC leaving the funds is no small move, especially after the run we had.

If BTC is seeing this kind of institutional exit, the altcoins like SOL, AVAX, and LINK might face headwinds too — but could also be where some of that liquidity lands. SOL's been bouncing in a tight range near $75, AVAX stuck around $6.66, and LINK holding $7.24. Are they waiting for a final BTC leg down before breaking out?

I'm not jumping into anything yet — just sitting back and watching how this plays out. Anyone else feeling cautious here or seeing signals the selling is exhausted? 🤔

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